Can banks decide the minimum balance requirement for savings accounts? RBI Governor Sanjay Malhotra says the banks have the ...

One step forward, two steps back—that’s how depositor protection feels at the Reserve Bank of India (RBI) under its 26th ...

In 2023, India added around USD 58 billion to its foreign exchange reserves, contrasting with a cumulative decline of USD 71 billion in 2022. In 2024, the reserves rose by a little over USD 20 billion ...

RBI Governor Sanjay Malhotra has reiterated that while India’s Unified Payments Interface (UPI) remains free for users, the ...

Reserve Bank of India (RBI) Governor Sanjay Malhotra on Monday clarified that minimum balance requirements for savings ...

RBI Governor warns UPI transactions can't remain free forever, highlighting rising costs and possible future charges, while ...

Governor Sanjay Malhotra on Monday said banks are free to decide the minimum balance for savings accounts and that it does ...

Public sector banks generally have lower balance requirements than private lenders, with Jan Dhan accounts exempt from such ...

At the latest monetary policy meeting, RBI Governor Sanjay Malhotra said the foreign exchange kitty was sufficient to meet 11 months of the country's imports.

Gozaria: Reserve Bank of India Governor Sanjay Malhotra on Monday said banks are free to decide the minimum balance for ...

Speaking to reporters at a financial inclusion event in Mehsana district, Gujarat, Malhotra said some banks have set the ...