RBI MPC policy: The Reserve Bank of India plans to simplify loan interest rate rules for all regulated entities. This initiative aims to harmonize guidelines and address operational aspects of current lending rate benchmarks. The proposed changes will standardize market practices concerning interest charging and benchmark reset dates. These measures intend to improve transparency and strengthen monetary policy transmission across the system.

Starting October 1, the RBI's revised deposit interest rate rules aim to enhance transparency for fixed deposit investors while granting banks more flexibility in rate-setting.

RBI repo rate: The Reserve Bank of India has maintained its repo rate at 5.25%, providing ongoing relief for home loan borrowers. This decision allows many borrowers to continue…

The Reserve Bank of India will resume licensing for urban cooperative banks. A comprehensive review of credit monitoring for rural cooperative banks is also planned. The central…

MUMBAI: The RBI's move to harmonise interest rate frameworks across regulated entities is likely to standardise loan pricing and improve monetary transmission while reducing the…

In a significant move, the Reserve Bank of India plans to establish uniform interest rate guidelines for all regulated entities. This initiative seeks to promote transparency and…

The Reserve Bank of India plans to standardize interest rate rules for all regulated entities. This new principle-based framework aims to increase transparency and ensure…