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Tag: Funds Transfer

Availability of National Electronic Funds Transfer (NEFT) System on 24×7 basis

With effect from December 16, 2019 RBI has asked banks to Extend NEFT facility 365/24*7 .

Recent Posts

Filing ITR for FY 2025-26? Income Tax Department- Strategies to maximise tax refund-Mistakes to avoid and tips to follow July 10, 2026
RBI’s Bimonthly Monetary Policy – Highlights and Key takeaways February 10, 2025
Union Budget 2025 – Key Highighlights – Top Announcements and Key Takeaways February 1, 2025
Highlights of Economic Survey 2024-25 January 31, 2025
Union Budget 2024 – Key Highlights, Key Takeaways and Its Impact July 24, 2024
RBI’s Bi-Monthly Monetary Policy 7th June 2024 – Key Highlights June 12, 2024
RBI Monetary Policy 5th April 2024: Key Highlights April 5, 2024
Statement on Developmental and Regulatory Policies February 8, 2024
RBI’s Bi-Monthly Monetary Policy Dt. 8th February 2024 – Key Highlights February 8, 2024
Interim Budget 2024 – Key Highlights and Impact on various sector February 2, 2024
Finance Ministry releases “The Indian Economy: A Review – January 2024” instead of ‘Economic Survey 2023-24’ ahead of Interim Budget 2024-25 January 31, 2024
RBI’s Bi-Monthly Review Meeting 6th October 2023 – Key Highlights October 7, 2023
Portfolios of Deputy Governors July 18, 2023
RBI’s Financial Stability Report, June 2023 – Highlights June 29, 2023
RBI’s Bi-Monthly Monetary Policy Review 8th June 2023 – Highlights and Key Takeaways June 9, 2023

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Policy and Reserve Ratio Rates – RBI Monetary Policy (07.02.2025)

Policy Rates wef 7th February 2025:
Repo Rate : 6.25 %
SDF: 6.00 %
MSF: 6.50 %
Bank Rate: 6.50%
Fixed Reverse Repo Rate: 3.35 %

Reserve Ratios:
CRR: 4.00 %
SLR: 18 %

The current population of India is 1,458,874,097 as of 10th Feb 2025, based on Worldometers elaboration of the latest United Nations data.(India Population (2025) – Worldometer)

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Monetary Policy Statement by Shri Sanjay Malhotra, RBI Governor- February 07, 2025

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