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RBI mulls sub-7 day term deposit, BFSI News, ET BFSI

RBI mulls sub-7 day term deposit, BFSI News, ET BFSI

The Reserve Bank of India (RBI) has sought suggestions from banks on allowing less than seven days term deposits, people familiar with the matter said. The move comes in the backdrop of stagnating deposit growth, which slowed to 10% year-on-year as of May 02, 2025,...
A Strategic Shift Amid Economic Uncertainty, ET BFSI

A Strategic Shift Amid Economic Uncertainty, ET BFSI

The Reserve Bank of India (RBI) is on a significant gold-buying spree, sharply increasing the share of the yellow metal in its foreign currency reserves as part of a broader strategy to diversify its holdings and shield the economy from global volatility. Gold now...