Evidence of RBI’s enforcement action does not support that view. The regulator’s actions were a result of loose ...

India's foreign exchange reserves fell for the fourth consecutive week and stood at an eight-month low of $640.28 billion, as ...

Speculation is rife on social media about the Reserve Bank of India (RBI) possibly introducing a ₹5,000 note. The RBI has ...

The Reserve Bank of India announced that 98.12% of Rs 2000 banknotes have been returned to the banking system after their ...

GDP: The Indian economy is poised to grow around 6.6 per cent in the current fiscal driven by a revival in demand after ...

Kotak Mahindra Bank's Milind Nagnur resigned from his positions as chief operating officer and chief technology officer, ...

Some big lenders in India have asked the central bank to inject liquidity using foreign-exchange swaps as short-term currency ...

India's financial sector is positioned strongly as it enters 2025, marked by robust earnings, low impaired assets, and strong ...

The Reserve Bank of India mandates banks to provide account name verification for RTGS and NEFT transfers by April 2025.

Last week, the country's forex reserves dropped by a further USD 8.478 billion to USD 644.391 billion for the week ended ...

RBI said that the NPCI shall not store any data relating to this facility. In case of a dispute, the remitting bank and the ...

The Reserve Bank of India (RBI) issued a stern warning on Monday (30 December) regarding the widespread use of crypto assets, ...