The Reserve Bank of India likely sold U.S. dollars before the local spot market opened on Friday to support the rupee, ...

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 will be more judicious in its use of foreign exchange reserves to mitigate domestic currency market ...

India's central bank said on Wednesday it will conduct variable rate repo (VRR) auctions on all working days until further ...

The RBI now allows banks to open rupee accounts at overseas branches for non-residents to facilitate rupee ...

According to iSPRIT, the goal of PLSAI is to ensure that credit to micro, small, and medium enterprises (MSMEs) can double to ...

India's forex reserves dropped by USD 8.714 billion to USD 625.871 billion in the week ended January 10, the RBI said on ...

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

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.

A surprise interest-rate cut in Indonesia and signs the Reserve Bank of India may be willing to loosen its tight grip on the ...

During Manmohan Singh's tenure as Prime Minister of India from 2004 to 2014, the Reserve Bank of India (RBI) was headed by the following governors: Sanjay Malhotra has been appointed as the twenty ...

The softer inflation reading for December offers more room to the RBI to cut rates, amid slowing growth in the country. India's economy expanded by just 5.4% in its second fiscal quarter ending ...