The Reserve Bank of India (RBI) cut its key repo rate by a larger-than-expected 50 basis points (bps) on Friday, a third ...

India's central bank on Friday, in a surprise move, cut the cash reserve ratio (CRR), which banks are required to hold, by ...

India’s central bank delivered a larger-than-expected rate cut, as sound economic conditions at home and tariff risks abroad ...

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 ...

Co-operatives commissioner and registrar of co-operative housing societies, Maharashtra, on May 30 appointed administrator for Yashwant Co-operative Bank Ltd following complaints of irregularities ...

UPI led India’s digital payments in FY25 with 83.7% transaction share, processing 185.8 billion transactions worth Rs 261 trillion. RBI… Tamil Nadu CM MK Stalin urges FM Nirmala Sitharaman to ...

India's foreign exchange reserves rose to $692.7 billion for the week that ended on May 23. The country's forex kitty added $7 billion over the previous reporting week, according to data from the ...

For instance, all banknotes issued by the Reserve Bank of India (RBI) are backed by gold. When a country exports gold and continues to have rich gold reserves, such a situation automatically helps ...

The rupee pared initial losses and appreciated 13 paise in morning trade on Friday, after the Reserve Bank cut repo rate by a ...

This paper constructs a new index for measuring de jure central bank independence, the first entirely new index in three decades. The index draws on a comprehensive dataset from the IMF’s Central Bank ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

The governor is appointed by the member country and is usually the minister of finance or the governor of the central bank. All powers of the IMF are vested in the Board of Governors. The Board of ...