Governor Malhotra told investors that the RBI prioritizes long-term stability over any particular level of the exchange rate. He stressed India’s strong foreign exchange reserves, which as of January ...

A clutch of key regulations was to come into force in the next few months. These include asking banks to set aside a higher ...

Auto industry welcomes RBI rate cut, expecting positive impact on sector with increased accessibility and affordability for ...

A lower repo rate means banks can borrow funds at a lower cost from the central bank and are expected to pass on the lower ...

The Reserve Bank of India (RBI) has slashed its benchmark lending rate by 25 basis points. This is its first such move in ...

A 25-basis point rate cut will not move the needle materially on lending rates for corporates or retail borrowers.

RBI introduces 'bank.in' domain to enhance cybersecurity and trust in digital banking, with registrations starting in April 2025.

Under this program, the bank has introduced a dedicated feature on its Mobile Banking app called ‘Senior Citizen Specials’.

As the domains are controlled by IDRBT, chances of phishers getting a similar sounding email ids are much less.

The scheme aims to build a skilled, future-ready workforce by integrating demand-driven, technology-enabled, and ...

The rupee recovered 9 paise from its all-time low level to close at 87.50 against the US dollar on Friday after the Reserve Bank of India reduced the key policy rate by 25 basis points in line with ...