News

MUMBAI: The Reserve Bank is stepping into the climate data void. As concerns mount over the financial sector’s exposure to ...
The Reserve Bank of India is expanding digital rupee pilots with new offline and programmable features, as digital payments ...
India's central bank is examining foreign shareholding norms and licensing rules for banks as a part of a broader review, ...
The bank says the country’s economy seems to be withstanding the risks posed by high trade and tariff-related uncertainty.
The Indian economy remains resilient to tackle global uncertainties due to its strong domestic fundamentals, the country’s ...
The Reserve Bank of India has proposed relaxing norms for investments in alternate investment firms by regulated entities (REs) in the aftermath of its earlier tightening bringing in financial ...
Since 1947, India has provided a slew of assistance to bankrupt Pakistan. The Reserve Bank of India even printed currency notes for its neighboring country between August 1947 and September 1948.
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 deal is subject to regulatory and statutory approvals, including from the Reserve Bank of India and the Competition Commission of India. Yes Bank said that the transaction is a significant ...
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 ...
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 ...
RBI, the central bank of India, is the apex monetary institution that supervises, regulates, controls, and develops the monetary and financial system of India. The Reserve Bank was established in ...