The Reserve Bank of India likely sold U.S. dollars before the local spot market opened on Friday to support the rupee, ...

The U.S. recently announced sanctions on Russian oil producers, along with vessels that have been shipping barrels of Russian ...

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

India's central bank will be more judicious in its use of foreign exchange reserves to mitigate domestic currency market ...

The RBI now allows banks to open rupee accounts at overseas branches for non-residents to facilitate rupee ...

A surprise interest-rate cut in Indonesia and signs the Reserve Bank of India may be willing to loosen its tight grip on the ...

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

Following the NCLT order, Zepto beçomes an Indian company with no opposition to the cross-border amalgamation of the two ...

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 ...

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 ...