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

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 on Tuesday said deputy governor M. Rajeshwar Rao will handle monetary policy and economic research ...

IDBI Bank share price gained sharp 8% during the intraday trades on Thursday on divestment buzz. The stock that had sees ...

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

The RBI may have spent $220 billion from its reserves to defend the rupee over the past two years, according to former chief ...

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

HDFC Bank Group has secured approval from the Reserve Bank of India (RBI) to increase its aggregate holding in three banking entities. This clearance from the central bank allows the group to ...

RBI stated today that in terms of Section 29, read with Section 56 of the Banking Regulation Act, 1949, co-operative banks are required to prepare a balance sheet and profit and loss account as on the ...

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

The Reserve Bank of India has launched the 68th round of its Order Books, Inventories and Capacity Utilisation Survey (OBICUS). The survey is for the reference period October December 2024 (Q3:2024-25 ...

The Reserve Bank of India used dollar-rupee swaps to inject $3 billion worth of rupee liquidity to ease a financial squeeze.