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RBI MPC Meeting 2026: Will FD interest rates increase as RBI holds repo rate?Despite the RBI keeping the repo rate unchanged, several factors suggest banks may increase fixed deposit rates soon. Rising inflation, a h...
Will rising inflation bring good news of higher interest rate for FD investors in coming RBI MPC meeting on June 5The RBI is widely expected to keep the repo rate unchanged at 5.25% in the June 5 MPC meeting despite concerns over rising fuel prices, a w...
Slice eyes $50-100 million funding at lower valuation, sharpens digital bank pitchThe small finance bank has held discussions with VC funds and other investors at a time when fintech sector has come under increasing regul...
5 highest FD interest rates in April 2026 after RBI MPC meet: 1, 3 and 5-year FD rates across PSU, private and small finance banksHighest FD rates: The Reserve Bank of India has kept the repo rate steady at 5.25%. Experts suggest fixed deposit rates may not increase im...
RBI's calibrated decision aimed at strengthening economic environment: ExpertsThe Reserve Bank of India has kept its key policy rate unchanged. This decision reflects a cautious approach amid global economic uncertain...
Will FD investors see higher interest rates in coming months despite RBI holding repo rate?Retaining repo rates in succession was a relief for many FD investors who have been depositing for low maturity amounts for some time after...
FD rates set to rise? RBI repo decision may bring good news for investorsRising inflation may not force the RBI to increase the repo rate this time around, but in later MPC meetings, the likelihood of higher repo...
RBI floating rate bond at 8.05%: Has the rate changed or is it still one of the best fixed income picks?The Reserve Bank of India's floating rate bond will continue to offer 8.05 percent interest. This comes as the Finance Ministry decided to ...
SBM Bank India appoints Dipak Agarwal as deputy CEO to head overall businessThis move comes at a time when the bank is under scrutiny of the Reserve Bank of India for its fintech partnerships, some of which have bor...
SBM Bank blocks its corporate credit cards till KYC info is updatedThe block was implemented from the midnight of March 31 following which customers have not been able to transact with these cards, these pe...
RBI relaxes restrictions on SBM Bank India until March 15The banking regulator, on January 23, asked SBM Bank (India) to stop with immediate effect all transactions under the Liberalised Remittanc...
RBI partially relaxes restrictions on SBM Bank IndiaLast week, the RBI ordered SBM Bank to stop all transactions under the liberalised remittance scheme (LRS) - which allows Indian residents ...
ETtech Explainer: how are fintechs impacted by RBI’s ban on SBM Bank's forex transactionsOver half a dozen fintech companies and several offline players that had active partnerships with the bank have reportedly been impacted by...
Multiple fintechs impacted with RBI’s order against SBM IndiaPeople aware of the development said at least seven or eight fintechs have been impacted by RBI’s move to stop LRS transaction on SBM India...
RBI orders SBM Bank to stop transactions under remittance scheme with immediate effectAfter discovering "material supervisory concerns" in SBM Bank (India) Ltd, the Reserve Bank of India on Monday ordered SBM Bank to stop all...
RBI bans SBM India from allowing foreign remittancesIn a short press release on its website the RBI said that the action against the bank “is based on certain material supervisory concerns ob...
RBI imposes Rs 3 crore penalty on SBM BankA scrutiny was carried out by RBI to examine the implementation of SWIFT related operational controls in SBM Bank (Mauritius) at its Indian...
State Bank of Mauritius readies for India play with local unitSBM Bank India plans to open six new branches to add to its four branches in India and start operations later this year.
State Bank of Mauritius may become first to open local subsidiarySBM is awaiting final approval from the RBI and has laid out an ambitious plan for what will be the largest market for the govt-owned lende...
SBM may be first to launch India subsidiarySBM has already registered a local subsidiary, called SBM (India) Ltd, which will manage the local branches in the country.