These directions came into effect on from the close of business on Thursday and are expected to remain in force for a period ...

US President Donald Trump will attend the Quad Summit in India later this year –– likely his first visit to the country in his second term ...

The Reserve Bank of India (RBI) has now allowed small finance banks (SFBs) to offer pre-sanctioned credit lines via UPI ...

New India Co-Operative Bank collapsed in Mumbai today. RBI barred the bank from offering new loans, and deposits. Depositors ...

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RBI is India’s central bank, responsible for monetary policy, financial stability, and supervision of banks, rather than conducting commercial banking activities. No Public Transactions: Unlike ...

The RBI has doubled the quantum of government securities it aims to purchase Rs to 400 billion rupees ($4.61 billion) on a ...

However, RBI stated that the bank is allowed to set off loans against deposits subject to the conditions stated in the ...

India's foreign exchange reserves grew by $7.6 billion to reach $638 billion as of February 7, 2025. Gold reserves saw a $1.3 ...

India's central bank said on Friday it has taken control of the board of New India Co-operative Bank for 12 months, a day ...

The agency banking model has gained traction in Nigeria due to its ability to offer convenience through proximity and ...

This USD/INR forecast explains what to expect now that the RBI has implemented foreign exchange rate interventions ...