Trend Indian Economy - Latest news, views and updates

RBI raises ceiling on small value loans for UCBs, ups home loan limit

TREND | 24 Feb 2025

Business Line

UCBs have been given two more years for providing for the valuation differential on the Security Receipts held against the assets transferred by them to ARCs

RBI Revises Prudential Norms For Urban Co-operative Banks

NDTV Profit | 24 Feb 2025 9 more

Pvt corporate sector posts 8% on-year sales growth in Q3, margins rise: RBI

RBI allows Rs 25,000 withdrawal for New India Cooperative Bank depositors

RBI draft norms on foreclosure charges to hit lenders' profits: Analysts

RBI Allows Withdrawal Of Rs 25,000 For New India Co-operative Bank Depositors

NDTV Profit | 24 Feb 2025

Certificate of deposit issuances top Rs 5 trillion amid liquidity crunch

India short bond yields dip as dovish RBI aids sentiment

livemint | 24 Feb 2025

UP govt tax revenue may rise 16% in FY26, indicating economic growth

Manufacturing slump prompted Feb rate cut, says RBI MPC member Kumar

RBI Draft Norms On Foreclosure Loan Charges To Intensify Competition Among Lenders, Says Citi

NDTV Profit | 24 Feb 2025

India short bond yields dip as RBI's liquidity infusion plan aids sentiment

TREND | 24 Feb 2025

Business Standard

The Reserve Bank of India cut the repo rate for the first time in nearly five years at this meeting, and the commentary in the minutes has opened up space for another rate action in April

India Stocks Get Citi Upgrade As Valuation Cools After Market Plunge

NDTV Profit | 24 Feb 2025

RBI curbs show effect; personal loan growth moderates in Q3

TREND | 24 Feb 2025

Economic Times

Personal loan growth slowed to 13.7% by December 2024 from 15.2% in September due to regulatory warnings. Total bank credit growth also decelerated, though all population groups maintained double-digit growth. Lending for trade, finance, and professional services increased, while credit for agriculture and industry moderated. Aggregate deposits rose by 11%, with term deposits seeing a significant increase.

Makhananomics spices up Bihar's political battle ahead of Assembly polls

TREND | 23 Feb 2025

Business Standard

With Chouhan's outreach to makhana farmers on eve of PM's visit and Union Budget boost for the state, BJP-led NDA gears up to return to power in its stronghold

Business in financial services just got easier with Budget 2025-26 reforms

Business Standard | 23 Feb 2025 9 more

Smaller ARCs may jump on the IPO bandwagon to meet 300 cr minimum NOF criteria

Business Line | 23 Feb 2025

Union Budget aims to build healthy economy with long-term vision: Mandaviya

Business Standard | 23 Feb 2025

All eyes on AP's Budget FY26 as CM Naidu struggles to strike a balance between welfare schemes and …

Business Line | 23 Feb 2025

Mehbooba slams Assembly speaker for imposing a form of 'martial law'

Business Standard | 23 Feb 2025

Budget for FY26 to be tabled in Andhra assembly session commencing on February 24

Business Line | 23 Feb 2025

Former RBI guv Shaktikanta Das appointed as 2nd principal secretary to PM

Business Standard | 22 Feb 2025

Shaktikanta Das to be second Principal Secretary to PM

Business Line | 22 Feb 2025

Former RBI Guv Shaktikanta Das appointed Principal Secretary-2 to the PM

Business Standard | 22 Feb 2025

Government Appoints Shaktikanta Das As Principal Secretary-2 To Prime Minister

NDTV Profit | 22 Feb 2025

Bank of Maharashtra cuts interest rate by 25 basis points on retail loans

TREND | 23 Feb 2025

Business Standard

State-owned Bank of Maharashtra (BoM) has cut interest rate by 25 basis points on retail loans, including home and car loans in line with reduction in repo rate by RBI. After a gap of 5 years, RBI reduced the repo rate, the rate at which banks borrow from the central bank, by 25 basis points to 6.25 per cent on February 7. Following this, the benchmark rate for home loan has been reduced to 8.10 per cent, one of the lowest in the banking industry, BoM said in a statement on Sunday. At the same time, it said, car loan came down to 8.45 per cent per annum. Similarly, education and other loans linked with Repo Linked Lending Rate (RLLR) has also been reduced by 25 basis points. The bank has already waived processing fees on home and car loans, it said, adding, this dual benefit of reduced interest rates and waiver of processing fees reflects the bank's commitment to offer best financing solutions to all its customers and help them fulfil their dreams. Meanwhile, the Pune-based lende

Gold gains sheen as RBI dips into forex reserves

TREND | 22 Feb 2025

Business Line

Geo-political risks push RBI to strengthen gold reserves to a record 879 tonnes

RBI likely to hold fresh talks on project financing in three months

Business Standard | 22 Feb 2025 9 more

Lenders cannot levy floating rate loan foreclosure charges on customers, MSEs: RBI

Business Line | 21 Feb 2025

The Week That Was: From Centre Mulling EV Policy Tweak To Delhi Getting A New CM

Bank credit and deposits growth decelerate in third quarter, shows RBI data

Bank Credit, Deposits Growth Decelerate In Q3, Shows RBI data

RBI to conduct $10 billion buy/sell swap to infuse durable liquidity

Accept responsibility of NPA build-up in my tenure: Former RBI Guv Subbarao says

Business Line | 21 Feb 2025

RBI Issues Draft Circular For Foreclosure Charges On Loans

RBI Announces Three-Year Dollar-Rupee Buy/Sell Swaps To Boost Liquidity

RBI circular mandates lenders to allow foreclosure of loans without charges

Reform, Perform And Transform Cities To Build Viksit Bharat

TREND | 22 Feb 2025

NDTV Profit

The city infrastructure is experiencing severe stress and needs to build resilience to brace for the impact of climate change.

RBI is missing the larger point

TREND | 21 Feb 2025

Business Line

RBI must work towards maintaining inflation close to 4% in a sustained manner, and not dilute this goal

Govt can bring down its stake in state-owned banks: Bank of India CEO

Business Standard | 21 Feb 2025 9 more

MPC minutes: Repo rate cut as inflation aligning with target, says RBI guv

RBI to conduct record $10-billion dollar/rupee swap auction to ease liquidity strain

Business Today | 21 Feb 2025

Former CEO Of New India Co-Operative Bank Arrested In Rs 122 Crore Embezzlement Case

RBI To Inject $10 Billion Via Forex Swap To Curb Cash Crunch

RBI MPC Minutes: Governor Malhotra Says Macroeconomic Stability Key At Current Juncture

RBI must infuse Rs 1 trillion by March to ease bank liquidity gap: Analysts

MPC minutes: Rate cut appropriate monetary policy response, opined RBI Guv

RBI to conduct three-year dollar-rupee buy-sell swap on February 28

RBI to conduct 3-year dollar/rupee buy/sell swap

Business Line | 21 Feb 2025

Repo rate one of many factors to revive growth: MPC Member Nagesh Kumar

TREND | 21 Feb 2025

Business Standard

In particular, there was a concern about the weaknesses of the manufacturing sector, which is important for job creation due to subdued urban consumption & slow growth of private investments, he said

Code of conduct must for freebies: Ex-RBI governor Duvvuri Subbarao

TREND | 21 Feb 2025

Business Standard

He said that although some people live at subsistence levels and the government must provide certain safeguards, there should be a limit on such provisions