While the Reserve Bank of India does not authorize digital or neo banks in India, the platform has so far secured an authorized dealer-II (AD-2) licence, which allows it to manage its own treasury ...

The schedule includes national closures, regional holidays, and regular weekend offs as per the Reserve Bank of India (RBI) guidelines. June 1 (Sunday): Weekly Off – All banks closed across India June ...

Villagers practicing tribal religion who assaulted Christian families and drove them from their homes in central India for ...

Banks in Shimla will remain closed on Thursday, May 29, 2025, in observance of Maharana Pratap Jayanti, as per the Reserve Bank of India's state-wise holiday schedule ... on account of Id-ul-Ad’ha ...

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

The Indian rupee is likely to kick off the week on a positive note, boosted by stronger-than-expected economic growth data, and, alongside government bonds, will be influenced by the central bank's ...

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

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 ...

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 ...

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 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.