The Central Bank Digital Currency (CBDC) could be used for the collection of micro-loans as an innovative tool to streamline ...
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.
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 ...
India's foreign exchange reserves fell for the fifth consecutive week to a 10-month low of $634.59 billion as of Jan. 3, data from the Reserve Bank of India (RBI) showed on Friday.
The RBI now allows banks to open rupee accounts at overseas branches for non-residents to facilitate rupee ...
Kotak said it is hoping to align the acquisition to its strategy to drive growth, expand market share and unlock ...