Investopedia / Michela Buttignol The Reserve Bank of India (RBI ... and payments to promote the development and health of the foreign exchange market in India. The RBI acts as a regulator ...

Japan's Sumitomo Mitsui Banking Corp. (SMBC) has secured Reserve Bank of India's (RBI) go-ahead to acquire 51% in private lender Yes Bank, two people aware of the development said. SMBC will ...

SMBC eyes 51% stake in Yes Bank, Biggest deal in Indian banking? (Reuters) Yes Bank is in the spotlight today as reports suggested that Japanese giant Sumitomo Mitsui Banking Corp. (SMBC) is ...

Pramod Amthe, head of institutional equity research, InCred Capital, believes that the government’s initiative to cut income-tax rates and the Reserve Bank of India’s (RBI) move to improve ...

The Reserve Bank of India (RBI) is set to broaden the reach of its digital rupee pilots by introducing new use cases and ...

Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...

India's central bank is examining foreign shareholding norms and licensing rules for banks as a part of a broader review, ...

India’s central bank will give a record dividend to the government, shoring up finances to bolster growth in Asia’s third ...

The Reserve Bank of India (RBI) has been aggressively buying gold for the last few years. Analysis of World Gold Council data shows that the percentage of gold in India’s total foreign exchange ...

The Reserve Bank of India significantly reduced its gold repatriation in the second half of fiscal year 2025, bringing home only 1.53 tonnes compared to 102.15 tonnes in the previous six months.