The standing deposit facility (SDF) rate remains at 6.5% and the marginal standing facility (MSF) and the bank rate are at 6.7 percent.
Some changes will take effect on the first day, while others will be implemented later in the month. This list will affect people's finances.
The price of the staple was Rs 155 per kg in Siliguri, West Bengal, while it rose to Rs 148 per kg in Kolkata. Tomato prices...
The increase in retail inflation has come in the wake of a sharp rise in vegetable prices over the past few months, alongside an equally sharp...
The RBI Governor added that after detailed deliberations on all relevant aspects, the MPC decided unanimously to keep the policy repo rate unchanged at 6.50 per...
A prepaid Forex card usually gets loaded with funds through upfront payment. People can load money online. There are few banks that charge a nominal fee,...
These issues are compounded by the curfew that is relaxed only for a few hours every day, which is when people rush to buy all essential...
The withdrawal of Rs 2,000 banknotes is a statutory exercise, not demonetisation, the Reserve Bank of India (RBI) told the Delhi High Court on Tuesday. The...
Speaking on the RBI decision to demonetise Rs 2000 notes, a resident saw it as a direct assault on corruption since the high-denomination note is much...
In an official statement released by the RBI clearly stated that the notes are withdrawn from circulation but still remains a legal tender.