RBI Continues Pause on Repo Rate Adjustments
The Monetary Policy Committee (MPC) met on the 3rd, 4th and 5th of June to deliberate and decide on the policy repo rate. After a detailed assessment of the evolving macroeconomic and financial developments and the outlook, the MPC voted unanimously to keep the policy repo rate under the liquidity adjustment facility (LAF) unchanged at…
Read articleBank Staff DA Chart for the Quarter May–July 2026
The Dearness Allowance (DA) payable to bank employees for the quarter May to July 2026 has been arrived at based on the movement in the **All India Consumer Price Index for Industrial Workers (CPI-IW). For the reference months January 2026, February 2026, and March 2026, the CPI-IW (General) indices stood at 148.60, 148.50, and 149.10…
Read articleDA chart for Bank clerical staff for Q May-July 2026
The Dearness Allowance (DA) payable to bank employees for the quarter May to July 2026 has been arrived at based on the movement in the **All India Consumer Price Index for Industrial Workers (CPI-IW). For the reference months January 2026, February 2026, and March 2026, the CPI-IW (General) indices stood at 148.60, 148.50, and 149.10…
Read articleDA chart for Bank Officer for the Q May – July 2026
The Dearness Allowance (DA) payable to bank employees for the quarter May to July 2026 has been arrived at based on the movement in the **All India Consumer Price Index for Industrial Workers (CPI-IW). For the reference months January 2026, February 2026, and March 2026, the CPI-IW (General) indices stood at 148.60, 148.50, and 149.10…
Read articleDA chart for bank sub-staff for the Q May-July 2026
The Dearness Allowance (DA) payable to bank employees for the quarter May to July 2026 has been arrived at based on the movement in the **All India Consumer Price Index for Industrial Workers (CPI-IW). For the reference months January 2026, February 2026, and March 2026, the CPI-IW (General) indices stood at 148.60, 148.50, and 149.10…
E-Mandate Framework for Digital Payments: RBI’s Key Guidelines
The Reserve Bank of India (RBI) has issued updated directions under the E-mandate framework for digital payments, aimed at strengthening the safety, transparency, and customer control over recurring transactions. These provisions apply to all Payment System Providers (PSPs) and participants processing recurring payments—both domestic and cross-border—through instruments such as cards, prepaid payment instruments (PPIs), and…
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