RBI Cuts Repo Rate To 5.25%: Will Your Home Loan EMIs Finally Get Cheaper?
The Reserve Bank of India has reduced the repo rate by 25 basis points, bringing it down from 5.5% to 5.25%. This marks a total reduction of 125 basis points in 2025, sparking fresh hope among homebuyers for affordable loan EMIs as banks prepare to revise lending rates. The Monetary Policy Committee (MPC), which met on December 3, 4 and 5, voted unanimously after assessing inflation control, liquidity status and growth expectations. Governor Sanjay Malhotra confirmed the move, addin
RBI Cuts Repo Rate To 5.25%: Will Your Home Loan EMIs Finally Get Cheaper?
The Reserve Bank of India has reduced the repo rate by 25 basis points, bringing it down from 5.5% to 5.25%. This marks a total reduction of 125 basis points in 2025, sparking fresh hope among homebuyers for affordable loan EMIs as banks prepare to revise lending rates. The Monetary Policy Committee (MPC), which met on December 3, 4 and 5, voted unanimously after assessing inflation control, liquidity status and growth expectations. Governor Sanjay Malhotra confirmed the move, addin
25 Banks To Launch In Amaravati On Same Day As City Rises As India’s New Finance Hub
Amaravati is once again in the national spotlight with a major milestone set to unfold in the capital region. As the NDA government accelerates the development of Andhra Pradesh’s capital, the city is emerging not only as an AI hub and renewable energy center but also as a rising financial powerhouse. The long-held dream of transforming Amaravati into India’s financial capital, first envisioned by Chandrababu Naidu, is now gaining renewed momentum with concrete steps toward large-scale ba
25 Banks To Launch In Amaravati On Same Day As City Rises As India’s New Finance Hub
Amaravati is once again in the national spotlight with a major milestone set to unfold in the capital region. As the NDA government accelerates the development of Andhra Pradesh’s capital, the city is emerging not only as an AI hub and renewable energy center but also as a rising financial powerhouse. The long-held dream of transforming Amaravati into India’s financial capital, first envisioned by Chandrababu Naidu, is now gaining renewed momentum with concrete steps toward large-scale ba
RBI Eases Claim Settlement Rules For Deceased Bank Accounts, Compensation For Delays
The Reserve Bank of India has rolled out a new framework aimed at simplifying and expediting the process of claim settlement for deceased account holders. This step comes after years of confusion caused by different practices adopted by banks, often leaving grieving families struggling with lengthy procedures and paperwork. The new rules mandate that banks must settle claims related to accounts and lockers of deceased customers within 15 days. In addition, nom
RBI Eases Claim Settlement Rules For Deceased Bank Accounts, Compensation For Delays
The Reserve Bank of India has rolled out a new framework aimed at simplifying and expediting the process of claim settlement for deceased account holders. This step comes after years of confusion caused by different practices adopted by banks, often leaving grieving families struggling with lengthy procedures and paperwork. The new rules mandate that banks must settle claims related to accounts and lockers of deceased customers within 15 days. In addition, nom
US Firm Jane Street Banned From Indian Securities Market Over Alleged Index Manipulation
Global trading giant Jane Street has been barred from participating in India's securities markets following an investigation by the Securities and Exchange Board of India (sebi). The interim order, issued by the market regulator, accuses the firm and its subsidiaries of manipulating index-based derivative trades in the Indian market to secure massive illegal profits. The ban, announced late last week, restricts Jane Street and four affiliated entities from buying, selling, or dealing in a
US Firm Jane Street Banned From Indian Securities Market Over Alleged Index Manipulation
Global trading giant Jane Street has been barred from participating in India's securities markets following an investigation by the Securities and Exchange Board of India (sebi). The interim order, issued by the market regulator, accuses the firm and its subsidiaries of manipulating index-based derivative trades in the Indian market to secure massive illegal profits. The ban, announced late last week, restricts Jane Street and four affiliated entities from buying, selling, or dealing in a
Kerala sees record growth in remittances and NRI deposits in 2025
Kerala has reached an unprecedented economic landmark as annual remittances from Non-Resident Indians (NRIs), particularly those from Kerala, have surpassed ₹2 lakh crore for the first time. Alongside this, total deposits from NRIs in the state’s banking sector have crossed ₹3 lakh crore, signaling a robust and growing contribution of overseas Malayalis to the state’s financial ecosystem. This financial influx has significantly boosted Kerala’s domestic econo
Kerala sees record growth in remittances and NRI deposits in 2025
Kerala has reached an unprecedented economic landmark as annual remittances from Non-Resident Indians (NRIs), particularly those from Kerala, have surpassed ₹2 lakh crore for the first time. Alongside this, total deposits from NRIs in the state’s banking sector have crossed ₹3 lakh crore, signaling a robust and growing contribution of overseas Malayalis to the state’s financial ecosystem. This financial influx has significantly boosted Kerala’s domestic econo
Nirmala Sitharaman Begins 11-Day US and Peru Visit for Key Global Economic Talks
Finance Minister Nirmala Sitharaman has embarked on a significant 11-day official tour to the United States and Peru to deepen India's role in global economic policy, strengthen bilateral relationships, and lead India’s presence at key multilateral forums. Her visit, taking place during a time of growing international economic uncertainty, aims to project India’s strategic interests in trade, finance, and development partnerships. Beginning in San Francisco, Sithar
Nirmala Sitharaman Begins 11-Day US and Peru Visit for Key Global Economic Talks
Finance Minister Nirmala Sitharaman has embarked on a significant 11-day official tour to the United States and Peru to deepen India's role in global economic policy, strengthen bilateral relationships, and lead India’s presence at key multilateral forums. Her visit, taking place during a time of growing international economic uncertainty, aims to project India’s strategic interests in trade, finance, and development partnerships. Beginning in San Francisco, Sithar
RBI Launches WhatsApp Channel to Share Verified Financial Info and Fight Fake News
The Reserve Bank of India (RBI) has introduced a new initiative to connect more directly with the public by launching an official WhatsApp channel. This development is part of the central bank’s broader commitment to enhancing public awareness and making important financial and banking information accessible to every citizen, particularly those in rural and semi-urban areas who might not have regular access to official websites or traditional media. The initiative falls under the RBI&rs
RBI Launches WhatsApp Channel to Share Verified Financial Info and Fight Fake News
The Reserve Bank of India (RBI) has introduced a new initiative to connect more directly with the public by launching an official WhatsApp channel. This development is part of the central bank’s broader commitment to enhancing public awareness and making important financial and banking information accessible to every citizen, particularly those in rural and semi-urban areas who might not have regular access to official websites or traditional media. The initiative falls under the RBI&rs
World Bank Urges India to Cut Import Tariffs, Ease Trade Barriers to Boost Investment and Growth
The World Bank has advised India to lower import tariffs, ease regulatory restrictions, and simplify trade processes to enhance its global trade competitiveness and attract foreign investment. In a report released on Friday titled the Economic Memorandum on India, the World Bank highlighted that high trade costs caused by import tariffs on intermediate and capital goods, as well as non-tariff barriers, are limiting India's participation in global value chains (GVCs).The report emphasized
World Bank Urges India to Cut Import Tariffs, Ease Trade Barriers to Boost Investment and Growth
The World Bank has advised India to lower import tariffs, ease regulatory restrictions, and simplify trade processes to enhance its global trade competitiveness and attract foreign investment. In a report released on Friday titled the Economic Memorandum on India, the World Bank highlighted that high trade costs caused by import tariffs on intermediate and capital goods, as well as non-tariff barriers, are limiting India's participation in global value chains (GVCs).The report emphasized
SBI PO 2025 Notification Released: Apply for 600 Vacancies
The State Bank of India (SBI) has officially announced the recruitment notification for the Probationary Officer (PO) position for 2024-25. A total of 600 vacancies will be filled, including both regular and backlog posts. The application window opens on December 27, 2024, and closes on January 16, 2025. The preliminary exam is set to take place from March 8 to March 15, 2025, with the main exam scheduled for April or May 2025. Candidates who meet the eligibility criteria can apply through SB
SBI PO 2025 Notification Released: Apply for 600 Vacancies
The State Bank of India (SBI) has officially announced the recruitment notification for the Probationary Officer (PO) position for 2024-25. A total of 600 vacancies will be filled, including both regular and backlog posts. The application window opens on December 27, 2024, and closes on January 16, 2025. The preliminary exam is set to take place from March 8 to March 15, 2025, with the main exam scheduled for April or May 2025. Candidates who meet the eligibility criteria can apply through SB
HDFC Bank to Sell ₹9,062 Crore in Car Loans Through Pass-Through Certificates
HDFC Bank Ltd, India's largest private sector lender, is set to sell ₹9,062.38 crore worth of car loans, amounting to 1,08,711 loans, as part of its strategy to address its increasing credit-deposit ratio. The bank will execute this sale using a financial instrument known as 'pass-through certificates' (PTCs), which provide fixed income to holders from a pool of assets like loans. According to insiders, this transaction may represent the largest PTC sale in India to date.
HDFC Bank to Sell ₹9,062 Crore in Car Loans Through Pass-Through Certificates
HDFC Bank Ltd, India's largest private sector lender, is set to sell ₹9,062.38 crore worth of car loans, amounting to 1,08,711 loans, as part of its strategy to address its increasing credit-deposit ratio. The bank will execute this sale using a financial instrument known as 'pass-through certificates' (PTCs), which provide fixed income to holders from a pool of assets like loans. According to insiders, this transaction may represent the largest PTC sale in India to date.









