Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...

India's central bank is examining foreign shareholding norms and licensing rules for banks as a part of a broader review, ...

The Reserve Bank of India (RBI) has levied penalties on ICICI Bank, Bank of Baroda, IDBI Bank, and Bank of Maharashtra for regulatory compliance deficiencies. ICICI Bank faces a Rs 97.80 lakh ...

India’s central bank will give a record dividend to the government, shoring up finances to bolster growth in Asia’s third ...

The Reserve Bank has fined five banks, including ICICI (Rs 97.80 lakh) and Bank of Baroda (Rs 61.40 lakh), for regulatory non-compliance. Other penalties include IDBI (Rs 31.80 lakh) and Bank of ...

The Reserve Bank of India significantly reduced its gold repatriation in the second half of fiscal year 2025, bringing home only 1.53 tonnes compared to 102.15 tonnes in the previous six months.

Tokyo-based Sumitomo Mitsui Banking Corp. (SMBC) has agreed to buy a 20% stake in India’s Yes Bank for 135 billion rupees ($1.6 billion) as the Japanese lender deepens its presence in the world ...

The Reserve Bank of India is expanding digital rupee pilots with new offline and programmable features, as digital payments ...

Operating profit for FY25 grew by 17 per cent YoY to ₹16,412 crore. Bank of India's net interest income (NII) for FY25 increased by 6 per cent YoY, while domestic NIM for FY25 stood at 3.10 per ...

Currently, State Bank of India (SBI) and other lenders hold 33% in Yes Bank. Also Read | Sumitomo gets RBI nod to pick 51% in Yes Bank “RBI has given SMBC the go-ahead for acquiring a majority ...

New Delhi: According to the latest report from the Reserve Bank of India (RBI), the country’s foreign exchange reserve, which is the foreign currency stock, increased by $1.98 billion to reach $ ...

Investopedia / Michela Buttignol The Reserve Bank of India (RBI) is the central bank of India, originally established as a private entity in 1935, then nationalized in 1949. What Is the Reserve ...