MUMBAI: The Reserve Bank of India made net spot market purchases of $14.4 billion in March 2025, signalling a concerted ...

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.

Bank Holiday 2025: The Reserve Bank of India (RBI) has listed six bank holidays for this month according to its state-wise official calendar. Bank holiday 2025: Banks in most parts of India will ...

The Reserve Bank of India (RBI) has levied penalties on ICICI Bank, Bank of Baroda, IDBI Bank, and Bank of Maharashtra for regulatory compliance deficiencies. ICICI Bank faces a Rs 97.80 lakh ...

The Reserve Bank is in the forefront as the second largest buyer of the yellow metal, snapping up 2.8 tonnes in January and February 2025 alone, on top of 72.6 tonnes in 2024, taking the overall ...

The Reserve Bank of India has cut repo rate by 25 basis points, bringing it down to 6 per cent. This will reduce borrowing costs for banks and enable them to lend money to individual customers at ...

Reserve Bank of India (RBI) Governor Sanjay Malhotra on Wednesday said that the Monetary Policy Committee (MPC) has unanimously decided to reduce the policy rate by 25 basis points (bps), from 6. ...

The 26% tariffs announced by the US on imports from India have exacerbated uncertainties but quantifying the impact on growth is difficult, central bank Governor Sanjay Malhotra said in his statement.

"We are aiming for non-inflationary growth built on foundation of improved demand and sustained macroeconomic balance," the RBI Governor said ...

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 ...