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Searched Tag: rbi monetary policy meeting
The RBI policymakers said they would prefer to weigh the risks posed by US President Donald Trump's trade policies

Sensex falls 80.99 points after no change in interest rates

August 6, 2025, 02:18 PM - 4 min read

The BSE Auto index declined 0.85 per cent to 52,907.31; BSE Realty index decreased 2.11 per cent to 6,901.55; BSE Bankex went lower 0.04 per cent to 61,597.35; and BSE Financial Services index decreased 0.06 per cent to 12,431.42

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The extant instructions require banks to adopt a simplified procedure to facilitate expeditious and hassle-free settlement of claims made by survivors/nominees/legal heirs, the procedures vary across banks, it said

RBI to make claims settlement simpler for nominees of deceased

August 6, 2025, 01:38 PM - 3 min read

The central bank’s Governor, Sanjay Malhotra, said that they are working to standardise the procedure for settlement of claims in respect of bank accounts and articles kept in safe custody or safe deposit lockers of deceased bank customers

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Taking all these factors into account, real GDP growth for 2025-26 is projected at 6.5 per cent, with Q1 at 6.5 per cent, Q2 at 6.7 per cent, Q3 at 6.6 per cent, and Q4 at 6.3 per cent, Malhotra said

GDP projected to grow at 6.5 pc in current fiscal

August 6, 2025, 12:56 PM - 3 min read

RBI Governor Sanjay Malhotra said stronger policy frameworks across domains, and not just limited to monetary policy will play pivotal role in helping the Indian economy attain its rightful place in the global economy

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