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

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 ...

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

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 ...

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.

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 ...

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

The Reserve Bank of India reconstituted the Standing External Advisory Committee (SEAC) to evaluate applications for ...

RBI stated today that in terms of Section 29, read with Section 56 of the Banking Regulation Act, 1949, co-operative banks are required to prepare a balance sheet and profit and loss account as on the ...