A surge in oil prices after Israel’s strikes on Iran sent the Indian rupee tumbling on Friday, prompting the central bank to ...

The Reserve Bank of India is believed to have sold dollars to support the rupee after a surge in oil prices, triggered by Israeli strikes on Iran, put pressure on the currency, three traders told ...

HDFC Bank has denied Lilavati Trust's allegation that the bank's MD and CEO Sashidhar Jagdishan was involved in a series of ...

India’s central bank surprised markets with a jumbo rate cut, seizing on cooling inflation to frontload monetary easing and ...

In a bold move to stimulate economic growth and improve credit flow, the Reserve Bank of India (RBI) on June 6 announced a significant 100 basis point (bps) reduction in the Cash Reserve Ratio (CRR), ...

On Friday, the Reserve Bank of India's Monetary Policy Committee (MPC) cut the repo rate by 50 basis points (bps) to 5.5%, ...

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 ...

Banks in India are open today as it is the third Saturday. The Reserve Bank of India lists holidays, including six for May. Weekends are when most people finally find the time to run errands ...

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 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.