The Reserve Bank of India likely sold U.S. dollars before the local spot market opened on Friday to support the rupee, ...

RBI revises guidelines for ARCs on settlement of dues, emphasizing thorough examination of recovery options before settlement ...

India's foreign exchange reserves extended their losing streak for a sixth straight week and stood at a 10-month low of ...

Former RBI deputy governor MK Jain will chair a panel to evaluate applications for universal and small finance banks. The committee, reconstituted by the RBI, will assess applications based on ...

Dollar-rupee forward premiums declined on Thursday after India's central bank said it would infuse rupees into the banking ...

What happens when the pillars of governance are pegged on shortsighted promises? How long can the Indian states balance on ...

India's central bank on Tuesday said deputy governor M. Rajeshwar Rao will handle monetary policy and economic research ...

The RBI now allows banks to open rupee accounts at overseas branches for non-residents to facilitate rupee ...

HSBC India on Thursday announced that it has received approval from the Reserve Bank of India (RBI) to open 20 new bank ...

A PMLA court granted bail to Amar Mulchandani, ex-chairman of Seva Vikas Bank, due to his severe health issues and trial delays in a ₹429.57 crore fraud case.

During Manmohan Singh's tenure as Prime Minister of India from 2004 to 2014, the Reserve Bank of India (RBI) was headed by the following governors: Sanjay Malhotra has been appointed as the twenty ...

The Ottappalam Cooperative Urban Bank will launch its IT-enabled banking services on January 25. Minister for Local Administration M.B. Rajesh will inaugurate the new services.