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 ...
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...
The Federal Reserve Bank of New York and the Bank for International Settlements (BIS) released a joint research study that explored if and how central banks could continue to “implement monetary ...
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 ...
U.S. President Donald Trump announced in a Truth Social post that India and Pakistan have agreed to a ceasefire. "After a long night of talks mediated by the United States, I am pleased to ...
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 ...
Sumitomo Mitsui Banking Corp. will acquire shares from State Bank of India and other investors for about 21.50 rupees each to become the top shareholder, according to a stock exchange filing Friday.