BE/RBI NOTE/08/2019 RBI in its MPC (Monetary Policy Committee) meeting cut benchmark lending rate by 0.25 percent which is now 6.25 percent. This was on the expectations of inflation staying within its target range. Also, this is a move that is likely to make the Home Loan and other Loans cheaper The Governor stood neutral

BE/RBI NOTE/07/2019 An Interest rate cut by Reserve Bank of India is expected to fast-track the country’s economic activity.  This, in turn, would bring more stability to the digital payments ecosystem and also make it more secure. RBI is expected to address the hopes of many industries, which include: Issues around merchant discount rates (fees

BE/RBI NOTE/05/2019 Ahead of the ensuing Monetary Committee meeting, Regulator’s expectations from the Banking sector has been conveyed to the State Run banks, by the Reserve Bank of India Governor Shri Shaktikanta Das. The sixth bi-monthly monetary policy for 2018-19 will be announced by RBI on 7th February 2019. This meeting was also aimed to

BE/RBI NOTE/04/2019 ICICI Bank, Kotak Bank, HDFC Bank, and Axis are one of the 11 Banks, who would be part of the consortium of 11 big lenders who are now ready to launch the first block chain linked funding for Small and Medium Enterprises (SMEs).  This is expected to change the system of lending to