To encourage the use of the rupee and other currencies to settle cross-border transactions, India's central bank took steps ...

Dollar-rupee forward premiums declined on Thursday after India's central bank said it would infuse rupees into the banking ...

Reserve Bank of India's plan to infuse liquidity into the banking system daily via variable rate repo (VRR) auctions will ...

India's central bank said on Wednesday it will conduct variable rate repo (VRR) auctions on all working days until further ...

The Reserve Bank has signed MoUs with the central banks of the UAE, Indonesia, and Maldives to promote cross-border ...

India, the world’s fastest-growing major economy, is projected to maintain robust growth, according to a survey of chief ...

In terms of the framework, once an NBFC is classified as NBFC-UL, it shall be subject to enhanced regulatory requirement, at least for a period of five years from its classification in the layer, even ...

Treasury, Markets and Wholesale Banking Products at Axis Bank warned of US 10-year treasury yields potentially rising above 5%, adding to global market uncertainties. Mitul Kotecha, Head of Fx and EM ...

The softer inflation reading offers more room to the RBI to cut rates, amid slowing growth in the country. India's economy ...

The nod allows the group to hold up to 9.5% stakes in Kotak Mahindra Bank, AU Small Finance Bank, Capital Small Finance Bank.

Customers are advised to plan their bank visits accordingly, especially in the affected regions, to avoid any inconvenience ...

India's GDP is projected to grow 6.4% in 2024-25, down from 8.2% in 2023-24, due to reduced investment, impacting fiscal and monetary policies ahead.