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

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

RBI revises guidelines for ARCs on settlement of dues, emphasizing thorough examination of recovery options before settlement ...

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

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

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

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 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.

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 ...

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

The Reserve Bank of India reconstituted the Standing External Advisory Committee (SEAC) to evaluate applications for ...

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 ...