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.

The Reserve Bank of India has started to ease curbs on non-banking financial companies (NBFCs) after they improved their ...

India's new central bank governor Sanjay Malhotra has initiated a review of the Reserve Bank of India's inflation and growth ...

India’s foreign exchange reserves are declining. As of the week ending January 3, the reserves dropped by USD 5.69 billion, reaching USD 634.58 billion, according to the Reserve Bank of India (RBI).

The Reserve Bank of India used dollar-rupee swaps to inject $3 billion worth of rupee liquidity to ease a financial squeeze.

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

The Reserve Bank of India has approved the proposal to appoint Rajat Verma as the new CEO of DBS Bank India. Mr. Verma, currently Head of Institutional Banking Group (IBG), will succeed Surojit ...

SRVAs were introduced in July 2022, and several foreign banks have since opened such accounts with banks in India. The Reserve Bank has also signed a memorandum of understanding (MoU) with the central ...

Bank Holidays January 2025: The Reserve Bank of India (RBI) has published the list of state-specific bank holidays for January 2025. Key closures include New Year's Day, regional festivals like ...

India's foreign exchange reserves (Forex) are sufficient to meet the more than 11 months of imports and about 96 per cent of external debt outstanding at end-June 2024, stated the Reserve Bank of ...

Bank Holidays in India 2025: Enlisted below is an officially announced Reserve Bank of India's (RBI) list of holidays month-wise for different parts of India, indicating when banks will stay closed or ...

As per the instructions of the Reserve Bank of India (RBI), banks will remain closed on all public holidays and some regional holidays depending on the particular state. Regional holidays are ...