India's foreign exchange reserves topped $700 billion last week to hit a 9-month high, which, alongside the central bank's ...

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

Bank lending to the Indian economy may not see a meaningful boost despite the large liquidity surplus in the banking system, ...

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 acquisition of shares was completed on Wednesday, June 4, 2025. The Central Bank of India bought 35,06,30,136 equity shares of Future Generali India Insurance Company for ₹ 451 crore.

Central Bank of India acquires Future’s stake in life, general insurance JVs with Generali for ₹508 crore The acquisition of 24.91% shareholding in general insurer FGIICL for ₹451 crore and ...

“The Company has today at around 3.27 p.m acquired 7,90,80,000 equity shares of Jio Payments Bank Limited (JPBL) from State Bank of India for an aggregate consideration of ₹ 104.54 crore ...

Expressed in dollar terms, the foreign currency assets include the effect of appreciation or depreciation of non-US units ...

MUMBAI -- The Reserve Bank of India cut its key policy rate on Friday by an unexpectedly sharp 50 basis points to 5.5%, its lowest level in nearly three years, as tepid inflation allowed the bank ...

India Business News: The Reserve Bank of India surprised markets by cutting its benchmark rate. It also released Rupees 2.5 lakh crore liquidity. This was done by reducing ...

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%.

NEW DELHI: The Reserve Bank of India (RBI) on Friday slashed the repo rate by 50 basis points to 5.5%, marking its third rate cut this year. Alongside, the Cash Reserve Ratio (CRR) has also been ...