Canara Bank MCLR rates revised 2026 with increase in 2-year and 3-year loan tenures. Check latest interest rates, impact on EMIs, and key details for exams. Canara Bank Revises MCLR Rates for Loan Tenures: Key Changes Explained 🔹 Introduction to the Rate Revision India’s leading public sector lender, Canara Bank, has revised its Marginal Cost…
RBI’s Record Forex Intervention in November 2024 Overview of RBI’s Record Forex Intervention in November 2024 In November 2024, the Reserve Bank of India (RBI) made headlines with its record-breaking foreign exchange (forex) intervention, marking a significant step in stabilizing India’s foreign exchange reserves. The central bank’s decision to intervene in the forex market became…
RBI Introduces Secured Overnight Rupee Rate (SORR) The Reserve Bank of India (RBI) recently introduced the Secured Overnight Rupee Rate (SORR) as a new benchmark for the overnight money market in India. This move aims to enhance transparency and improve the functioning of the money market, making it more robust and resilient to financial shocks….
