The Reserve Bank on Friday said it has penalised Jammu and Kashmir Bank, Bank of India, and Canara Bank for deficiencies in ...
The Central Bank Digital Currency (CBDC) could be used for the collection of micro-loans as an innovative tool to streamline ...
India's business activity grew at the slowest pace in over a year in January, a survey showed, highlighting emerging cracks ...
The RBI net bought bonds worth 101.75 billion rupees ($1.18 billion) in the week ending Jan. 17. These purchases were spread ...
Now could be a good time for stock-picking before India’s next turnaround. Two attractive industries: big banks and electric ...
In the latest week, foreign currency assets, the largest component of the reserves, decreased by $2.878 billion to $533.133 ...
The RBI clarified that the penalties are based on deficiencies in regulatory compliance and do not question the validity of transactions undertaken by the banks.
The Supreme Court on Wednesday referred to another bench the pleas of the Reserve Bank of India and others challenging a Bombay High Court order that quashed a decision of the Yes Bank administrator ...
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.
Bank Holidays in February 2025: Banks will be closed for 14 days in February. The Reserve Bank of India, the regulatory ...
The RBI now allows banks to open rupee accounts at overseas branches for non-residents to facilitate rupee ...
The softer inflation reading offers more room to the RBI to cut rates, amid slowing growth in the country. India's economy ...