The new panel, led by former RBI Deputy Governor M.K. Jain, will scrutinise applications from top players eyeing universal ...

The Reserve Bank of India has formed a new external committee, led by former deputy governor MK Jain, to evaluate ...

India's central bank will be more judicious in its use of foreign exchange reserves to mitigate domestic currency market ...

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

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

"Settlement with the borrower shall be done only after all possible ways to recover the dues have been examined, and settlement is considered as the best option available," the RBI said. It further ...

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

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

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

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.

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

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 ...