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RBI fines HDFC Bank, Shriram Finance for violating certain norms

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|Date: July 11, 2025

RBI fines HDFC Bank, Shriram Finance for violating certain norms

The Reserve Bank of India (RBI) announced on Friday, July 11, that it has fined HDFC Bank Rs 4.88 lakh an ...

The Reserve Bank of India (RBI) announced on Friday, July 11, that it has fined HDFC Bank Rs 4.88 lakh and Shriram Finance Rs 2.70 lakh for failing to comply with some of the Central Bank's directives ...

July 11, 2025
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India’s Economy Stays Resilient Amid Global Volatility, Says RBI Report; Check Details

Posted by
|Date: June 30, 2025

India’s Economy Stays Resilient Amid Global Volatility, Says RBI Report; Check Details

India continues to act as a key engine of global growth, thanks to its stable macroeconomic environment a ...

India continues to act as a key engine of global growth, thanks to its stable macroeconomic environment and policy discipline, according to the Reserve Bank of India's (RBI) latest Financial Stability ...

June 30, 2025
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RBI Slashes Repo Rate By 50 Bps To 5.5%, Marks Third Straight Cut In A Row

Posted by
|Date: June 06, 2025

RBI Slashes Repo Rate By 50 Bps To 5.5%, Marks Third Straight Cut In A Row

In its second policy review of the 2025-26 financial year, the Reserve Bank of India’s Monetary Policy Co ...

In its second policy review of the 2025-26 financial year, the Reserve Bank of India’s Monetary Policy Committee (MPC) has cut the repo rate by 50 basis points, lowering it from 6 per cent to 5.5 per ...

June 06, 2025
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No Ban On Rs 500 Notes: PIB Busts Viral Social Media Claim; Check Here

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|Date: June 04, 2025

No Ban On Rs 500 Notes: PIB Busts Viral Social Media Claim; Check Here

A viral YouTube video recently claimed that the Indian government plans to stop the circulation of Rs 500 ...

A viral YouTube video recently claimed that the Indian government plans to stop the circulation of Rs 500 notes starting March 2026. However, the Press Information Bureau (PIB) has categorically denie ...

June 04, 2025
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Currency Printing Cost Rises 25% To Rs 6,372.8 Crore In FY25: RBI Report

Posted by
|Date: May 29, 2025

Currency Printing Cost Rises 25% To Rs 6,372.8 Crore In FY25: RBI Report

The expenditure incurred on security printing during 2024-25 increased by nearly 25 per cent to Rs 6,372. ...

The expenditure incurred on security printing during 2024-25 increased by nearly 25 per cent to Rs 6,372.8 crore as against Rs 5,101.4 crore in the previous year mainly due to increase in indent for p ...

May 29, 2025
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RBI To Transfer Record Rs 2.69 Lakh Crore Dividend To Centre For FY25

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|Date: May 24, 2025

RBI To Transfer Record Rs 2.69 Lakh Crore Dividend To Centre For FY25

The Reserve Bank of India (RBI) will transfer a record Rs 2.69 lakh crore as dividend to the central gove ...

The Reserve Bank of India (RBI) will transfer a record Rs 2.69 lakh crore as dividend to the central government for the financial year 2024–25, marking the highest-ever surplus payout by the central b ...

May 24, 2025
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Bank Holiday: Are Banks Open Or Closed Today? Check Complete Calendar HERE

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|Date: May 10, 2025

Bank Holiday: Are Banks Open Or Closed Today? Check Complete Calendar HERE

As per the Reserve Bank of India (RBI) calendar, Saturday, May 10, 2025, marks a bank holiday across the ...

As per the Reserve Bank of India (RBI) calendar, Saturday, May 10, 2025, marks a bank holiday across the country. This is because it falls on the second Saturday of the month—a day on which banks typi ...

May 10, 2025
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RBI Hikes ATM Withdrawal Fee By Rs 2, Effective May 1

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|Date: March 28, 2025

RBI Hikes ATM Withdrawal Fee By Rs 2, Effective May 1

The Reserve Bank of India (RBI) has announced that starting May 1, the fee for ATM withdrawals beyond the ...

The Reserve Bank of India (RBI) has announced that starting May 1, the fee for ATM withdrawals beyond the free monthly limit will increase by Rs 2. This means that customers will now be charged up to ...

March 28, 2025
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RBI Penalises HDFC Bank Rs 75 Lakh, Fines Punjab & Sind Bank Rs 68.2 Lakh. Here’s Why

Posted by
|Date: March 26, 2025

RBI Penalises HDFC Bank Rs 75 Lakh, Fines Punjab & Sind Bank Rs 68.2 Lakh. Here’s Why

The Reserve Bank of India (RBI) imposed monetary penalties on HDFC Bank and Punjab & Sind Bank for fa ...

The Reserve Bank of India (RBI) imposed monetary penalties on HDFC Bank and Punjab & Sind Bank for failing to comply with regulatory guidelines, an official statement released by the central bank ...

March 26, 2025
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India’s GDP Soars To $4.3 Trillion, Poised To Surpass Japan And Germany By 2027

Posted by
|Date: March 22, 2025

India’s GDP Soars To $4.3 Trillion, Poised To Surpass Japan And Germany By 2027

India’s GDP has surged from $2.1 trillion in 2015 to an estimated $4.3 trillion in 2025, reflecting an im ...

India’s GDP has surged from $2.1 trillion in 2015 to an estimated $4.3 trillion in 2025, reflecting an impressive 105 per cent increase, according to inflation-adjusted data from the International Mon ...

March 22, 2025
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