India’s central bank drained 849.75 billion rupees ($10 billion) of excess cash from the banking system in its first such ...

The Indian central bank’s decision to drain liquidity from the financial system is likely intended to prevent a further ...

Indian rupee closed at 86.60 a dollar, down 0.2 percent from its Thursday's close of 86.73 a dollar. So far in June, the ...

Union Bank of India unveils 'Union Wellness Deposit,' integrating health insurance with term deposit. Offers 6.75% interest, a Rs 5 lakh insurance cover, and RuPay Select Debit Card benefits.

Reserve Bank of India has from time to time issued various directions and circulars on digital lending by Regulated Entities (REs). As part of the efforts to consolidate various regulatory ...

The Reserve Bank on Tuesday launched three crucial surveys,which included inflation expectations, in order to collect useful inputs for monetary policy decisions.The RBI usually holds six bi-monthly ...

Estimates suggest that India's foreign exchange reserves are sufficient to cover approximately 10-12 months of projected imports. In 2023, India added around USD 58 billion to its foreign exchange ...

Despite strong global headwinds emanating from trade tensions, India’s domestic growth engines — consumption and investment — remain less vulnerable, a Reserve Bank of India’s (RBI) article said. The ...

The Reserve Bank is in the forefront as the second largest buyer of the yellow metal, snapping up 2.8 tonnes in January and February 2025 alone, on top of 72.6 tonnes in 2024, taking the overall ...

The Reserve Bank of India has released draft directions aimed at establishing a harmonized regulatory framework for lending against gold collateral (jewellery and ornaments) across all regulated ...

Zee Business highlighted depositors’ security after the New India Co-operative Bank scam. Following its efforts, the government may raise the deposit insurance limit to Rs 15 lakh. Currently, the ...