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

The Reserve Bank of India's increased tolerance for rupee volatility is prompting companies to more actively manage forex ...

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.

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.

Reserve Bank of India directed banks to use Financial Fraud Risk Indicator (FRI). This technology, developed by Department of Telecommunications, aims to combat cyber fraud. Banks will use FRI to ...

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 ...

India Business News: The Reserve Bank of India's MPC met to review interest rates, with economists divided on the extent of cuts. Some advocated for a bolder 50 bps reduct ...

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 ...

In a bid to spur growth at a time when inflation has come under control, the Reserve Bank of India’s Monetary Policy Committee on Friday (June 6, 2025) voted 5:1 to slash the policy repo rate by ...

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 ...

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%.