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