The higher-than-expected tariffs reinforce our view of three more rate cuts from the RBI, to a terminal rate of 5.50%, British multinational bank Barclays said in a report Mumbai: The higher-than ...

(AP Photo/Nick Wass) Boston Red Sox’s Rafael Devers follows through on his RBI double during the fifth inning of a baseball game against the Baltimore Orioles, Wednesday, April 2, 2025, in Baltimore. ...

If the cheque is otherwise valid, the penal provisions of Section 138 would be attracted. Even a blank cheque leaf, voluntarily signed and handed over by the accused, which is towards some payment, ...

In another important development, the RBI has directed banks to make special arrangements for government cheque clearing on March 31, 2025, to mark the end of the fiscal year 2024-25.

The Reserve Bank of India (RBI) has announced a crucial update regarding the bank holiday on Eid-ul-Fitr scheduled for March 31, 2025. Initially, banks were supposed to remain closed for the ...

The Reserve Bank of India has stated that as of May 1, 2025, customers utilising ATM banking services will incur a fee of Rs 23 per transaction, an increase from the previous amount of Rs 21 per ...

Amid a sharp depletion in banking system liquidity, the RBI is focusing on effective policy transmission as India moves towards lower interest rates. The Reserve Bank of India is meeting lenders next ...

A penalty of ₹75 lakh on HDFC Bank has been imposed for non-compliance with certain directions issued by RBI on 'Know Your Customer' (KYC), the central bank said in a statement. Don’t stifle ...

It is important to note that bank holidays differ from state to state. The RBI has categorized holidays based on regional festivals and observances, and the complete list is available on its ...

With the increasing complexity of fraud methods in the country, cheque fraud is one less worry thanks to the Reserve Bank of India’s implementation of the Positive Pay System (PPS) in 2021. This ...

The Reserve Bank of India (RBI) has imposed monetary penalties on HDFC Bank and Punjab & Sind Bank for non-compliance with its regulatory guidelines, according to the press statement issued by the RBI ...

Last week, the Southern Chiefs’ Organization (SCO) celebrated what they’re calling a major milestone in their redevelopment of the old Hudson’s Bay Company (HBC) building in downtown Winnipeg.