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

It’s important to note that banks in only two Indian cities will observe closure, and the remaining will be operational as ...

The move to replace Reserve Bank of India Governor Shaktikanta Das with Sanjay Malhotra appears a calculated way to address the weakness in India's economy.

Sanjay Malhotra, a veteran of the Indian Administrative Service (IAS) officer who served in Rajasthan cadre in the 1990s, is set to assume charge as the 26th Governor of the Reserve Bank of India ...

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 ...

The Reserve Bank of India is expanding digital rupee pilots with new offline and programmable features, as digital payments in India grow sharply in 2024–2025.

Vijayawada: Over a decade after the bifurcation of the state, Reserve Bank of India has opened its regional office in Andhra Pradesh. RBI deputy gover.

The Reserve Bank of India (RBI) will soon issue currency notes of Rs 100 and Rs 200 denominations. But these notes will come with a change. According to the Central Bank, these notes will have the ...

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 ...