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 new partnership reflects the brand's enduring commitment to being 'Promises Ka Partner' for its customers NEW DELHI, June 23, 2025 /PRNewswire/ -- In ...

The Reserve Bank of India's recent jumbo rate cuts took economists by surprise, as many indicators point to an economy ...

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.

India’s central bank announced plans to withdraw excess liquidity from the banking system, a move likely aimed at stemming ...

India’s banking system liquidity surplus stood at 2.44 trillion rupees as of June 23, as per RBI data. The central bank in June announced a surprise 100-basis-point reduction in the cash reserve ...

An internal committee of the Reserve Bank of India is in favor of retaining the current inflation target in an upcoming government review, according to people familiar with the matter, giving ...

The Reserve Bank of India’s 2024-25 annual report has revealed a worrying phenomenon: the rise of bank frauds. These have risen sharply from Rs 12,230 crore in 2023-24 to Rs 36,014 crore in 2024-25 — ...

Following the Reserve Bank of India’s (RBI’s) decision to reduce policy repo rate by 50 basis points, Union Bank of India has revised its key lending rates with effect from June 11.

India Retail Inflation: A recent Bank of Baroda report indicates that India's retail inflation has likely decreased to 2.7% in May 2025, mainly due to a decline in food prices. This development ...

It is the largest reserve bank by geography and size of the economy it serves. According to the bank’s website, the 12th district is home to one-fifth of the U.S. population.

[MUMBAI] India’s central bank plans to use the cash reserve ratio (CRR) more frequently to manage liquidity and aid policy transmission, rather than deploying it only during extreme cash swings, a ...