To offset a drop in income tax revenues because of the cuts announced in the Union Budget, the Central government expects the Reserve Bank of India ... The RBI board will approve the payout ...

Transfers from the Reserve Bank of India and government-owned banks are estimated to increase to 2.56 trillion rupees ($29.6 billion) in the fiscal year that starts in April, according to budget ...

Heavy dollar sale by the Reserve Bank of India (RBI) to defend the Indian rupee from falling sharply has led government to peg 10 percent higher dividend in next financial year from the central ...

Image Source : FILE RBI has issued the official list of bank holidays for February 2025. Bank Holidays in February 2025: Banks across India remain closed on the second and fourth Saturdays of each ...

The Centre expects to receive Rs 2.56 lakh crore from the Reserve Bank of India and public sector banks in FY26, finance minister Nirmala Sitharaman said in her Budget speech on February 1.

While RBI’s primary goal is exchange rate stability, its dollar sales create a rupee shortage, prompting short-term lending to banks, which generates additional interest income. A large part of ...

That is where the Indian Financial System Code (IFSC) comes in. The Reserve Bank of India (RBI) assign 11 digit alphanumeric code to each bank are unique, that helps to identify a particular bank ...

At the Monetary Policy Committee (MPC) meeting on February 7, the Reserve Bank of India (RBI) is anticipated to decide on a cut in repo rates. Nonetheless, many banks, including Union Bank of India, ...

According to RBI regulations, banks are closed on the second and fourth Saturdays of every month, along with all Sundays. Shweta Singh Updated : Feb 01, 2025, 06:23 AM IST Finance Minister Nirmala ...

The appointment took effect from January 7, 2025, following the approval of the Central Bank of Nigeria (CBN). The board of Access Holdings said the appointment reflected the group’s commitment ...