Tag Archives: Reserve Bank of India

Mumbai. Thursday, 28 May 2026 A major shift in how Indian banks handle deceased depositors’ assets has sparked an industry-wide call for action. While the flexibility to add up to four nominees to a single bank account or locker was introduced to give customers peace of mind, it has inadvertently …

India’s real estate sector has welcomed the Reserve Bank of India’s latest monetary policy move, which saw the repo rate reduced by 25 basis points to 6%. Industry leaders believe the decision-aimed at boosting economic momentum amid global uncertainties-will improve housing affordability, stimulate investor confidence, and accelerate development, especially in …