India's central bank said on Thursday it would require lenders to set aside 1% of the value of loans for under-construction ...

Major Indian banks have slashed savings account interest rates in June, cutting returns for depositors across the board, ...

Inflation below the central bank's current projections could open up policy space, India's central bank chief Sanjay Malhotra ...

India’s forex reserves have witnessed a major boost for June, surging by $5.17 billion as per the data released by Reserve ...

The Reserve Bank of India lowered its key repo rate by 50 basis points to 5.5 per cent. Most analysts had expected a 25-point cut. It is the third reduction in a row since February.

MUMBAI: The Reserve Bank of India (RBI) cut its key repo rate by a larger-than-expected 50 basis points on Friday, a third consecutive reduction, as muted inflation provided space for policymakers to ...

India's growth-inflation dynamics call for frontloading rate cuts to support growth, RBI Gov. Sanjay Malhotra said, citing a marked pullback in inflation over the past six months. The central bank ...

The Reserve Bank of India (RBI) delivered a larger-than-expected 50bp cut to the repo rate, bringing it down to 5.5%. This brings total rate cuts by the RBI to 100bp in this cycle, leaving the real ...

The Reserve Bank of India was established on April 1, 1935 in accordance with the provisions of the Reserve Bank of India Act, 1934. The Central Office of the Reserve Bank was initially ...

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 ...

MORE FOR YOU The deal is subject to regulatory approvals from the Reserve Bank of India and the Competition Commission of India. “SMBC Group established an Indian Division in April this year to ...

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 $ ...