Revision in maintenance of Cash Reserve Ratio (CRR)

2 months ago

In the Statement on Developmental and Regulatory Policies, RBI announced that the cash reserve ratio (CRR) of all banks by…

FCNR (B) deposits interest rates increased from today

2 months ago

In the Statement on Developmental and Regulatory Policies issued today as part of the Bi-monthly Monetary Policy Statement for 2024-25…

RBI holds Repo rate steady, reduces CRR to 4% maintains ‘Neutral’ stance

2 months ago

The Reserve Bank of India (RBI) announced its fifth bi-monthly monetary policy for FY25 today, December 6, 2024. The announcement…

Bank Holidays for 2025: Chattisgarh State

2 months ago

The Government of Chhattisgarh on October 23rd, 2024 issued a list of Declaration of Holidays for the Year 2025. The…

Bank holidays 2025: Jharkhand State

2 months ago

On the 22nd of November, 2024, the Government of Jharkhand issued a notification regarding the official holidays for the year…

View: RBI inspection of commercial banks

2 months ago

The Banking Regulation Act, of 1949 empowers the Reserve Bank of India to inspect and supervise commercial banks. These powers…

Role of Audit and inspection explained

2 months ago

Audits and inspections are both important activities that help ensure compliance with regulations and protocols, and they can be used…

What is cash management?

2 months ago

Cash management is the collecting and managing of cash flows, which is important for individuals and companies. We find many…

Segregate and facilitate credit to DBT/EBT inoperative Accounts says RBI

2 months ago

The RBI on Monday directed banks to immediately reduce the number of inoperative/ Unclaimed Deposits and make activation to facilitate…

Bank Holidays 2025: ODISHA

2 months ago

The Government of Odisha (earlier known as Orissa) in its circular No. RDM-Reg-MISC-0013-2024-39068 dated 12.11.2024, declared 20 holidays for the…