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In a decisive move aimed at energizing the Indian economy, the Reserve Bank of India (RBI) announced a substantial 50 basis points cut in the repo rate, bringing it down to 5.50% during its post-monetary policy press conference on June 6, 2025.

In a significant move to promote public understanding of financial systems, the Reserve Bank of India (RBI) has introduced its debut documentary series, titled 'RBI Unlocked: Beyond the Rupee'. Released in partnership with JioHotstar and produced by Chalkboard Entertainment, this five-part series pulls back the curtain on one of India’s most crucial institutions.

In the realm of microfinance, where the mission is to empower individuals and promote financial inclusion, the role of technology cannot be overstated. Microfinance Software (Microfinance Banking Software) has emerged as a powerful tool that enables institutions to streamline their operations, enhance productivity, and efficiently serve their clients.

Microfinance institutions (MFIs) play a pivotal role in providing access to credit and financial services to underserved populations, particularly in rural and semi-urban areas. By extending small loans, savings products, and insurance services, they empower individuals and small businesses to improve their economic conditions and contribute to community development.