News

India's central bank on Monday directed lenders to assign a lower-than-proposed buffer rate of 2.5% on digitally linked ...
HDFC Bank and ICICI Bank closed higher on Monday after strong results over the weekend, as investors bet on their ability to ...
India's upcoming bond forwards are set to boost demand for state debt and lower borrowing costs for sub-national issuers, a ...
The Indian rupee extended its winning streak on Monday as the dollar remained on the defensive, with investor confidence in U ...
"Minors above such an age limit not less than 10 years and up to such amount and such terms as may be fixed by the banks ...
Minors of any age can open and operate savings and term deposit accounts through their natural or legal guardian ...
In a move to simplify and standardise rules across banks, the Reserve Bank of India (RBI) has updated its guidelines on the ...
As per the revised guidelines issued on April 21, 2025, banks can now empower minors to manage their own accounts—within ...
The Reserve Bank on Monday permitted banks to allow minors above the age of 10 years to open and operate savings/ term ...
Reserve Bank of India (RBI) permits minors above 10 years old to operate bank accounts independently. This new rule allows ...
RBI reduces run-off rates for retail and non-financial corporate deposits to enhance liquidity coverage ratio for banks.