"Settlement with the borrower shall be done only after all possible ways to recover the dues have been examined, and ...

Deposits continue to be the primary source of funds for Scheduled Commercial Banks or SCBs, amounting to Rs 217 lakh crore, which represented 77 per cent of total liabilities at the end of FY 2024, ...

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 ...

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 ...

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

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 ...

The softer inflation reading for December offers more room to the RBI to cut rates, amid slowing growth in the country. India's economy expanded by just 5.4% in its second fiscal quarter ending ...