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

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

Former RBI deputy governor MK Jain will chair a panel to evaluate applications for universal and small finance banks. The committee, reconstituted by the RBI, will assess applications based on ...

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

India's foreign exchange reserves extended their losing streak for a sixth straight week and stood at a 10-month low of ...

What happens when the pillars of governance are pegged on shortsighted promises? How long can the Indian states balance on ...

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

A PMLA court granted bail to Amar Mulchandani, ex-chairman of Seva Vikas Bank, due to his severe health issues and trial delays in a ₹429.57 crore fraud case.

HSBC India on Thursday announced that it has received approval from the Reserve Bank of India (RBI) to open 20 new bank ...

During Manmohan Singh's tenure as Prime Minister of India from 2004 to 2014, the Reserve Bank of India (RBI) was headed by the following governors: Sanjay Malhotra has been appointed as the twenty ...

The softer inflation reading for December offers more room to the RBI to cut rates, amid slowing growth in the country. India's economy expanded by just 5.4% in its second fiscal quarter ending ...

The Ottappalam Cooperative Urban Bank will launch its IT-enabled banking services on January 25. Minister for Local Administration M.B. Rajesh will inaugurate the new services.