Tag: RBI
RBI Floating Rate Bond Offers 8.05% Return – A Safer and Better Option Than Most Bank FDs and PPF
The Reserve Bank of India (RBI) has kept the interest rate on its Floating Rate Savings Bonds (FRSBs)…
Banks Q1 Earning Preview: Falling Margins, Slower Loans May Hurt Profits
Banks Q1 results for FY26 are likely to disappoint. With shrinking margins, weak loan and deposit growth, and…
Bank Credit Growth Remains Weak Despite Liquidity Surplus; Warn J.P. Morgan Economists
India’s banks are sitting on a liquidity surplus, but credit growth is still not taking off. According to…
BlackBuck Gets RBI Nod for Wallet Licence- India’s Trucking Giant Enters Fintech Game
Big win for BlackBuck.Its arm, TZF Logistics, just got an RBI licence to issue digital wallets. That’s right—India’s…
RBI Floating Rate Savings Bonds to Offer 8.5% Interest from July to December 2025
The Reserve Bank of India (RBI) has announced that its floating rate savings bonds will continue to offer…
SBI Accuses Reliance Communications of Loan Fraud; Anil Ambani Back in Spotlight
In a major move, State Bank of India (SBI) has tagged Reliance Communications as a loan fraud case,…
GST Collection in June Rises to ₹1.85 Lakh Cr, Up 6.1% from Last Year
India collected ₹1.85 lakh crore in GST in June 2025. This marks a 6.1% increase compared to the…
RBI Data: Weighted Average Lending Rate Falls to 9.2% – Is Your EMI Set to Drop?
In May 2025, the weighted average lending rate (WALR) for fresh rupee loans given by scheduled commercial banks…
India’s Current Account Deficit Drops to $23.3 Billion in FY25 from $26 Billion: RBI
India’s current account deficit has dropped to US$ 23.3 billion in FY25, down from US$ 26.0 billion in…
Slice Now Matches HDFC in Bank Account Openings – But Without the Legacy Baggage
In 2016, Slice started out as a small fintech offering prepaid cards with credit features. It wasn't a…
RBI Report Shows Improvement in Govt Finances, Decline in Interest Payments
In its latest update, the RBI (Reserve Bank of India) revealed that the Union Government’s total expenditure grew…
India’s Economy Remains Stable Amid Global Trade and Political Uncertainty: RBI
India’s economy is holding firm while the global market is going through a rough patch. Trade wars, tariffs,…