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HISTORICAL FACTS: The reserve bank | History Defined

RBI overhauls Lead Bank Scheme after review, issues new guidelines

The Reserve Bank of India has revamped the Lead Bank Scheme to boost district-level credit planning and financial inclusion. New guidelines, released on June 19, aim to enhance credit flow to priority sectors and improve access to financial services. A three-tier committee structure has been introduced to strengthen coordination between…

The Economic Times

RBI revises Kisan Credit Card norms, standardises crop season definition

The Reserve Bank has revamped the Kisan Credit Card (KCC) Scheme, standardizing crop season definitions for uniform loan sanctions and repayments. Effective January, new directions aim to streamline credit support for agriculture and allied activities. Banks must waive collateral for loans up to Rs 2 lakh, with exceptions for voluntary…

The Economic Times

Finally, an interest rate reprieve – but a ceasefire in the Middle East doesn’t have the RBA popping champagne yet

Governor Michele Bullock delivers a strong message after the Reserve Bank holds the cash rate at 4.35%, ending a run of three rises

The Guardian - AU

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AAP Rolling News Bulletin June 16, 1700

AAP Rolling News Bulletin for June 16 at 1700

AAP

FED:Shares trim losses as RBA holds rates, outlook unclear

The Reserve Bank has paused its rate hiking cycle, offering investors a breather after a run of poor economic data and worries around investment tax reforms.

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AAP Rolling News Bulletin June 16, 1630

AAP Rolling News Bulletin for June 16 at 1630

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RBA interest rates: Reserve Bank holds official cash rate at 4.35%

Reserve Bank of Australia decision on Tuesday comes after three consecutive cash rate hikes this year

The Guardian - AU

AAP Rolling News Bulletin June 16, 1530

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The Economic Times

RBI eases investment rules for NRIs, OCIs; permits designated repatriable rupee accounts

The Reserve Bank of India has updated investment rules for Non-Resident Indians and Overseas Citizens of India. Individuals residing outside India can now maintain designated repatriable rupee accounts for investments.

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