FM Nirmala Sitharaman critiques banking sector’s operational and cybersecurity preparedness amid rising tensions with Pakistan, ETCFO

FM Nirmala Sitharaman critiques banking sector’s operational and cybersecurity preparedness amid rising tensions with Pakistan, ETCFO

Finance Minister Nirmala Sitharaman on Friday chaired a excessive degree assembly with the Managing Administrators and CEOs of Public and Non-public Sector Banks and insurance coverage corporations amidst rising safety considerations arising from tensions on the border to evaluate baking sector’s operational and cyber safety preparedness, together with digital purposes akin to web banking and…

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New ATM guidelines from Might 1, transaction prices to extend after free restrict

New ATM guidelines from Might 1, transaction prices to extend after free restrict

The Reserve Financial institution of India (RBI) has up to date the framework for ATM prices, which will probably be efficient on Thursday (Might 1). The modifications will have an effect on free transaction limits, prices for extra transactions, and interchange charges within the nation’s banking system. The purchasers should pay extra ATM prices from…

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Children in India now favor entrepreneurship over MNC jobs, earlier, noone took up problem of beginning ventures: RBI Governor, ETCFO

Children in India now favor entrepreneurship over MNC jobs, earlier, noone took up problem of beginning ventures: RBI Governor, ETCFO

The Governor acknowledged this throughout his speech on the US-India Financial Discussion board, organised by the Confederation of Indian Trade (CII) and the US-India Strategic Partnership Discussion board (USISPF), in Washington DC. New Delhi: Reserve Financial institution of India (RBI) Governor Sanjay Malhotra mentioned that the mindset of India’s younger era has modified remarkably through…

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US tariff hike clouds India’s export outlook, add strain on home demand: RBI, ETCFO

US tariff hike clouds India’s export outlook, add strain on home demand: RBI, ETCFO

The Reserve Financial institution of India (RBI), in its newest month-to-month bulletin launched on Tuesday, raised considerations concerning the influence of the current commerce tariff hikes by america on the Indian economic system. The bulletin says these greater tariffs may cut back India’s exports and decelerate home demand, affecting the nation’s total development. The central…

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RBI Governor On Trump Tariff Influence

RBI Governor On Trump Tariff Influence

New Delhi: Reserve Financial institution Of India Governor Sanjay Malhotra mentioned that’s India is proactively participating with the US administration on commerce, on a day tariffs introduced by President Donald Trump kicked in. In an tackle to announce the choices made by the Financial Coverage Committee (MPC), Mr Malhotra mentioned, “Quantification of influence of worldwide…

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Not activating countercyclical capital buffer, says RBI, CFO Information, ETCFO

Not activating countercyclical capital buffer, says RBI, CFO Information, ETCFO

The Reserve Financial institution on Tuesday stated it has determined towards activating countercyclical capital buffer (CCyB) as it’s not wanted within the current circumstances. The framework on CCyB was put in place by the Reserve Financial institution of India (RBI) when it comes to pointers in February 2015, whereby, it was suggested that the CCyB…

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Financial institution of Maharashtra slashes retail mortgage charges by 25 bps after RBI cuts repo charge

Financial institution of Maharashtra slashes retail mortgage charges by 25 bps after RBI cuts repo charge

Apr 14, 2025 02:10 PM IST The financial institution’s repo-linked lending charge (RLLR) has now been diminished from 9.05 per cent to eight.80 per cent. State-owned Financial institution of Maharashtra (BoM) has introduced discount in lending charge linked to repo charge by 25 foundation factors according to the Reserve Financial institution’s key coverage charge. The…

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