It’s important to note that banks in only two Indian cities will observe closure, and the remaining will be operational as ...

The move to replace Reserve Bank of India Governor Shaktikanta Das with Sanjay Malhotra appears a calculated way to address the weakness in India's economy.

India’s central bank drained 849.75 billion rupees ($10 billion) of excess cash from the banking system in its first such ...

India's central bank plans to use the cash reserve ratio more frequently to manage liquidity and aid policy transmission, rather than deploying it only during extreme cash swings, a source told ...

The Reserve Bank of India was established on April 1, 1935 in accordance with the provisions of the Reserve Bank of India Act, 1934. The Central Office of the Reserve Bank was initially ...

The Reserve Bank of India cut its key repo rate by a larger-than-expected 50 basis points and slashed the reserve ratio for banks as low inflation gave policymakers room to focus on supporting growth.

IMF data projects India's GDP to reach $4.187 trillion in 2025, marginally surpassing Japan to become the fourth largest economy. Global X ETF's Malcolm Dorson says India is a "fine-tuned ...

Vijayawada: Over a decade after the bifurcation of the state, Reserve Bank of India has opened its regional office in Andhra Pradesh. RBI deputy gover.

Sanjay Malhotra, a veteran of the Indian Administrative Service (IAS) officer who served in Rajasthan cadre in the 1990s, is set to assume charge as the 26th Governor of the Reserve Bank of India ...

The Reserve Bank of India is expanding digital rupee pilots with new offline and programmable features, as digital payments in India grow sharply in 2024–2025.

The Reserve Bank of India (RBI) is seeking to expand its cross-border payments platform — which will allow instant settlements — by adding new trading partners in Asia and the Middle East.

The Reserve Bank of India (RBI) will soon issue currency notes of Rs 100 and Rs 200 denominations. But these notes will come with a change. According to the Central Bank, these notes will have the ...