After independence, under the first 5-year plan's push for rural development, the government nationalised the Imperial Bank. On July 1, 1955, the State Bank of India was born under the State Bank of ...

The Reserve Bank of India (RBI) bought a net of $14.36 billion in the spot foreign exchange market in March, data released on Wednesday as part of the central bank's monthly bulletin showed. May ...

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.

The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) minutes, released Friday, indicate a strong consensus for a 50… June 21, 2025 08:02 IST The post-policy bond market ...

India’s $700 billion in foreign exchange reserves gives the economy a crucial cushion against rising geopolitical turmoil, a member of India’s rate-setting panel said, as hostilities in the Middle ...

The Reserve Bank of India has sought feedback from large market participants on aligning the overnight interbank call money ...

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.

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

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. The PIB said that the central bank has made no ...

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 ...