India's central bank will need to rethink its foreign exchange strategy and loosen its hold on the rupee in 2025, economists ...

The Reserve Bank of India is in the process of creating a public repository of DLAs deployed by REs. This repository will contain data submitted by REs and without any intervention from the ...

The Reserve Bank of India (RBI) is the highest banking authority in India. Since its establishment in 1935 by the British ...

SMFG India Credit, had earlier said that the company was aiming to enter into the upper layer of NBFCs – a scale-based categorisation of the Reserve Bank of India. This will require the company ...

The Reserve Bank of India (RBI) imposes a penalty of ₹27 lakh on IndusInd Bank for not complying with norms. The Bank was fined for opening savings accounts for ineligible entities. The total ...

The Reserve Bank of India has recently let some short dollar positions in the overseas market expire without rolling into new contracts, the people said, asking not to be named discussing private ...

As a result, India is closer to a twin balance sheet advantage from the deficit which was the case in 2014-15. A turning point came in 2015 when the Reserve Bank of India (RBI) initiated the asset ...

The government announced new secretaries, with Arunish Chawla heading the revenue department and Vineet Joshi in charge of higher education. Rachna Shah will oversee the department of personnel ...

The Reserve Bank on Thursday announced the setting up of an eight-member committee to develop a framework for responsible and ethical enablement of artificial intelligence (FREE-AI) in the financial ...

BENGALURU: For more than 55 years, one man’s unyielding passion has evolved into a spectacular historical treasure -- a paper currency museum, ‘Rezwan Razack’s ...

The RBI, however, added the penalty is based on deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transactions or agreement entered into by IndusInd Bank ...

Financial markets had expected the Reserve Bank of India’s current Governor Shaktikanta Das to be handed a second extension when his term ends on Tuesday. Malhotra, whose appointment was ...