India's foreign exchange reserves decreased by $1.8 billion for the week ending January 17, 2025, primarily due to a drop in ...

In the latest week, foreign currency assets, the largest component of the reserves, decreased by $2.878 billion to $533.133 ...

The RBI net bought bonds worth 101.75 billion rupees ($1.18 billion) in the week ending Jan. 17. These purchases were spread ...

The PSB's net interest income (NII) - the difference between interest earned and paid - in the December quarter rose 11.1 per ...

The RBI clarified that the penalties are based on deficiencies in regulatory compliance and do not question the validity of transactions undertaken by the banks.

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

Additional Tier 1 (AT-1) are perpetual bonds issued by banks to increase their capital base and they are riskier than ...

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.

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 ...

P. Suriaraj has taken charge as executive director of the Dhanlaxmi Bank. He was appointed by the Reserve Bank of India (RBI) as executive director of the Bank for a period of three years.

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 ...

Kotak said it is hoping to align the acquisition to its strategy to drive growth, expand market share and unlock ...