RBI hikes repo rate by 25 bps to 5.50%
The Reserve Bank of India hiked the policy repo rate by 25 basis points to 5.50% from 5.25% on October 7, 2026. The MPC also decided to change the stance to calibrated tightening due to; The Monetary Policy Committee (MPC) of RBI met on 5th, 6th and 7th of this month to deliberate and decide…
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Small Saving Scheme Interest rate for Oct-Dec 2026
The Ministry of Finance has kept interest rates on all Small Savings Schemes unchanged for the October–December 2026 quarter. The rate of Interest chart: Scheme Interest rate for October -December 2026 Interest rate for July-September 2026 Interest compounded Savings account 4.00% 4.00% Annual rest 1-year time deposit 6.90% 6.90% Quarterly rest 2-years’ time deposit 7.00%…
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Group Medical Insurance Policy for Bank Employees & Retirees (2026–27)
The Group Medical Insurance Policy for Bank Employees & Retirees (2026–27) circular issued by the Indian Banks’ Association (IBA) and National Insurance Company Ltd. (NICL) details the renewal terms, premium structures, and key enhancements effective November 1, 2026, to October 31, 2027. Key Policy Enhancements (2026–27 vs. 2025–26) * Room Rent & ICU Limits: Raised…
Read article RBI Tightens Loan Recovery Rules: What Banks and Recovery Agents Must Know
The Reserve Bank of India (RBI) has issued amended directions on the conduct of regulated entities in recovery of loans and engagement of recovery agents, creating a more uniform and borrower-protective framework. The directions consolidate earlier instructions and strengthen requirements relating to recovery agents, borrower communication, data protection, training and grievance redressal. Effective from January…
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India’s Top Bank Deposit Rates – Latest Update
Updated on August 6, 2026 Interest rates on bank deposits vary across institutions in India. To help you stay informed, we’ve compiled the latest deposit interest rates offered by all public sector banks and leading private sector banks. In the lists below, banks are arranged alphabetically under their respective categories —Public Sector Banks and Private…
RBI’s Repo Rate Adjustments continues to Pause
The Monetary Policy Committee (MPC) met on the 3rd, 4th and 5th of August 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…
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