The banking system was thus already feeling the pinch of costly deposits for at least 15 months when the Trump-tariff threat ...

India's foreign exchange reserves continue to decline, extending their slump for about four months now. The country's forex ...

RBI imposes monetary penalties on Canara Bank, Bank of India, and the J&K Bank for non-compliance with KYC norms, loans, and ...

The Reserve Bank has imposed financial penalties on Jammu and Kashmir Bank, Bank of India, and Canara Bank for regulatory ...

RBI Deputy Governor T Rabi Sankar has called on the banks to step up collaboration with RBI to ensure the success of CBDCs ...

The Reserve Bank of India's Ombudsman managed to dispose of 95.1% of complaints in the fiscal year 2023-24. A total of 9,34,355 complaints were submitted, mainly through digital channels. Complaints ...

India's forex reserves dropped by USD 1.88 billion to USD 623.983 billion in the week ended January 17, the RBI said on ...

HSBC India has received approval from the Reserve Bank of India (RBI) to open 20 new branches, marking the largest expansion ...

The Reserve Bank on Friday said it has penalised Jammu and Kashmir Bank, Bank of India, and Canara Bank for deficiencies in regulatory compliance. Jammu and Kashmir Bank has been penalised Rs 3.31 cro ...

India’s economy is poised for a strong rebound, driven by rising domestic demand, rural consumption, and public capex on ...

India's economic growth is poised to rebound as domestic demand regains strength, but "stickiness" in food inflation warrants ...

India’s new central bank governor has shown ... He’s showed keen interest in the RBI’s currency intervention functions and expressed no opposition when his team explained the recent ...