The fading allure of banking jobs in India: From prestige to passe
In the India of yesteryears, a job in banking was synonymous with prestige, stability, and social standing. The image of a banker—clad in a crisp...
Loan Apps: A Death Trap for India’s Middle Class
In the digital age, the promise of instant cash through loan apps has lured millions of Indians, particularly the middle class, into a spiraling web...
Bank of India scraps 400-Day FD Scheme, slashes interest rates across maturities
Bank of India (BoI), a major public sector bank, has announced the withdrawal of its special 400-day fixed deposit (FD) scheme, which previously offered a...
Securitisation in India Soars in FY25: What’s Driving the Growth and What Lies Ahead?
India’s securitisation market has hit a new high in FY25, with volumes surging 25% year-on-year to INR 2.3 trillion, up from INR 1.8 trillion in...
Opinion| RBI Cuts Rates by 25 bps: Growth gets a push, but global storm clouds loom
As expected, the Reserve Bank of India’s Monetary Policy Committee (MPC) delivered a 25 basis point repo rate cut on Wednesday, bringing the policy rate...
RBI Imposes penalty on Shri Ganesh Sahakari Bank for non-compliance
The Reserve Bank of India (RBI) has imposed a monetary penalty of ₹1 lakh on Shri Ganesh Sahakari Bank Limited, located in Nashik, Maharashtra, for...
RBI’s next move: The case for further rate cuts
As inflation continues its downward trajectory and growth remains lackluster, the Reserve Bank of India (RBI) faces an undeniable crossroads: the time has come for...
Key highlights: Scheduled Banks’ Statement of Position in India as of March 21, 2025
Mumbai, April 5, 2025: The Reserve Bank of India (RBI) has released the Statement of Position for scheduled banks operating across the country as of...
Now, RBI has a whatsapp channel! Check details here
New Delhi, April 5, 2025: The Reserve Bank of India (RBI) has taken a significant step towards enhancing financial literacy and public awareness by launching...
Analysis| India’s International Investment Position: what does the latest numbers show?
The Reserve Bank of India (RBI) recently released the data for India’s International Investment Position (IIP) as of December 2024. The figures, which reflect India’s...