India's central bank on Thursday barred Mumbai-based New India Co-operative Bank from issuing new loans or allowing the withdrawal of deposits due to supervisory concerns.

India's new central bank chief Sanjay Malhotra is likely to take a growth-supportive approach over the next few months, as he ...

The Reserve Bank of India (RBI) is set to infuse a record 2.50 trillion rupees ($28.85 billion) into the banking system ...

Projects FY26 inflation at 4.2%, GDP growth at 6.7% ...

MUMBAI (Reuters) - The Reserve Bank of India (RBI) cut its key repo rate on Friday for the first time since May 2020 to ...

(Reuters) -The Reserve Bank of India (RBI) reduced its key repo rate on Friday for the first time since May 2020, aiming to ...

The Reserve Bank of India has implemented new rules to facilitate the use of the rupee in international trade and investment. These regulations allow overseas branches of authorised banks to open ...

Great news for mobile users in India! The Reserve Bank of India (RBI) has recently introduced two dedicated phone number series for financial institutions to make transaction and marketing calls ...

A non-resident Indian (NRI) in the US, for instance, can now open a rupee account with the New York branch of an India-registered AD bank. They will be able to hold rupees received for exports to ...

The term "reverse repo rate" refers to the interest rate that is paid on deposits. The Reserve Bank of India pays interest on deposits at the reverse repo rate, whereas the repo rate is paid on ...

while the Reserve Bank of India (NSE:BOI) reduced interest rates for the first... Asia FX tepid before US jobs data, Indian rupee inches up after RBI cut By Investing.com - Dec 06, 2024 Investing ...