The Reserve Bank of India has not issued any rules prohibiting the use of black ink on cheques, countering misinformation ...

The Reserve Bank of India (RBI) has provided a level playing field for Asset Reconstruction Companies (ARCs) with banks and ...

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 ...

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 will be more judicious in its use of foreign exchange reserves to mitigate domestic currency market ...

The Reserve Bank of India (RBI) has issued guidelines on Settlement of Dues of borrowers by Asset Reconstruction Companies (ARCs). The revised guidelines mandate that ARCs adopt a more structured ...

According to iSPRIT, the goal of PLSAI is to ensure that credit to micro, small, and medium enterprises (MSMEs) can double to ...

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.

India's forex reserves dropped by USD 8.714 billion to USD 625.871 billion in the week ended January 10, the RBI said on ...

AU Small Finance Bank revised interest rates on fixed deposits below Rs 3 crore, effective from January 20, 2025. The bank ...