The RBI said the MoU aims to promote the use of INR and MUR in bilateral trade. The MoU covers all current account ...

The dent in its books was caused by a September 2023 RBI communique spelling out how banks should value derivatives. It said ...

The recent IndusInd Bank saga brings to mind an important lesson from aviation —one that could help investors avoid financial ...

RBI and BOM sign MoU to promote INR and MUR use in cross-border transactions, enhancing trade and financial integration.

We are in the process of reconciling cash across our ATMs and vaults and handing it over to the respective banks in line with ...

The company will will conduct a comprehensive review of the entire Reliance Capital business to determine the necessary fund ...

This move comes as the bank seeks to strengthen its funding position following the revelation of a Rs20bn accounting discrepancy in its derivatives book.

An organisation representing depositors of the New India Co-Operative Bank, hit by alleged embezzlement of Rs 122 crore, have submitted a petition to the Reserve Bank of India, seeking immediate ...

The Reserve Bank of India (RBI) and the Bank of Mauritius (BOM) signed a Memorandum of Understanding (MoU) for establishing a framework to promote the use of local currencies, viz., the Indian Rupee ...

Concerns over internal control discrepancies in derivative accounts and retail loan stress of IndusInd bank has prompted ...

Axis Bank CEO Amitabh Chaudhry discusses strategies for deposit growth, loan risks, wealth management, and the impact of the ...