Mumbai, May 2 (PTI) The RBI (Reserve Bank of India) on Friday said it has imposed penalties on four banks, including ICICI Bank and Bank of Baroda, for deficiencies in regulatory compliances. Penalty of Rs 97.80 lakh has been imposed on ICICI
New Delhi, Apr 14 (PTI) The country’s largest lender SBI (State Bank of India) has reduced its lending rate by 25 basis points following the Reserve Bank’s policy rate cut, making loans cheaper for both existing and new borrowers.. With the latest
April 9 (Reuters) – The (RBI Reserve Bank of India) cut its key repo rate on Wednesday for a second consecutive time and changed its monetary policy stance to “accommodative” from “neutral” to boost the sluggish economy, which is facing further pressure
Mumbai, Apr 9 (PTI) The RBI on Wednesday slashed key interest rate by 25 basis points, for the second time in a row, to support a shuttering economy hit by reciprocal tariffs imposed by the US. Following the rate cut, the key