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

Central Bank of India acquires equity stake of 24.91% of Future Generali India Insurance Company Limited, the bank informed in an exchange filing on Thursday, June 5, 2025.

India's economy remains resilient despite a state of flux in the global economy due to the twin shocks from trade and ...

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.

The Reserve Bank of India’s annual report for 2024–25 highlights a chronic and worsening vulnerability in the country’s financial system: bank frauds.

Meanwhile, Kalyan Kumar, who is serving as ED in Delhi-headquartered Punjab National Bank, will succeed M V Rao as MD of Central Bank of India after his superannuation in July, PTI reported.

Press Information Bureau of India has refuted the claims that the Reserve Bank of India is going to discontinue the Rs 500 banknotes by March 2026.

In a move that signals relief for households dealing with rising financial burdens, the Reserve Bank of India (RBI) has cut the repo rate by 50 basis points, bringing it down to 5.5%.

India Business News: Moody's Ratings has upgraded Yes Bank's long-term deposit ratings to Ba2, driven by improvements in the bank's credit profile, including capital adequ ...

India Business News: The Reserve Bank of India is optimistic about reaching its inflation goal. Inflation fell below 4.0 per cent in February and March 2025. Food inflatio ...

The Reserve Bank of India last month bent its rules to let Japan's Sumitomo Mitsui Banking Corp buy a 20% stake in Yes Bank, and two foreign institutions are vying for a stake in IDBI Bank, ...

The Reserve Bank of India’s monetary policy committee on Friday voted to cut the policy repo rate to 5.50% from 6.00%, a steep cut of 50 basis points. Photo: francis mascarenhas/Reuters.