The Reserve Bank of India (RBI) has announced six changes to CIBIL scores, all effective from January 1, 2025. These new ...

In a recent directive, the Reserve Bank of India (RBI) has introduced key changes to the banking system regarding bank ...

The Reserve Bank of India has issued draft directions to streamline and regulate non-fund based (NFB) credit facilities, such as guarantees and letters of credit, across all regulated entities (REs) ...

Bank holidays next week: All public and private banks across India, including the State Bank of India (SBI), will remain ...

The key point emphasized by the RBI is that this Master Circular does not introduce any new instructions or guidelines. Instead, it acts as a compilation of previously released directives, providing a ...

SBI and Bank of India reduce lending rates, HDFC Bank lowers savings account interest, benefiting borrowers and depositors.

Indian scheduled commercial banks are in for treat with a three-day long weekend that will start from April 12th and end on ...

The Reserve Bank on Monday issued revised guidelines on priority sector lending to help the sectors access bank credit easily. The new guidelines will come into effect from April 1, the RBI said ...

March 25, 2025 India's cenbank revises priority sector lending guidelines The Reserve Bank of India on Monday issued revised guidelines on priority sector lending, in a move to expand PSL's ...

New Delhi [India ... acquired by banks from NBFCs are not eligible for priority sector status". The RBI has also assured that all loans categorized under the earlier PSL guidelines (2020 framework ...