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Tag: RBI Governor

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RBI Offers Free Digital Banking to No-Frills Account Holders

RBI Offers Free Digital Banking to No-Frills Account Holders

Free Digital Banking: The Reserve Bank increased the range of services available to Basic Savings Bank Deposit (BSBD) accounts on Wednesday, allowing those with simple accounts to access the digital banking facility for free. The purpose of BSBD accounts is to give account users free access to basic banking services. Cash deposits at bank branches […]

RBI Revises Inflation Estimate for FY26 Down to 2.6%

RBI Revises Inflation Estimate for FY26 Down to 2.6%

Revised Inflation: Governor Sanjay Malhotra of the Reserve Bank of India (RBI) updated the inflation forecast on Wednesday, lowering it from the initial 3.1% August estimate to 2.6%. “The overall inflation outlook has turned notably more benign in recent months, with headline inflation being revised down from 3.7% in June to 3.1% in August, and […]

Will RBI Cut Interest Rates? Implications for the Common Man

Will RBI Cut Interest Rates? Implications for the Common Man

RBI Cut Interest Rates: The meeting of the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) is starting today. In this three-day meeting, it will be decided whether the EMI of your loan will be reduced or not. Actually, in this first meeting of the new financial year, a decision will be […]

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