India's central bank is widely expected to deliver a third consecutive rate cut on Friday as muted inflation provides ample ...

The Indian banking regulator is signalling possible rule changes ahead that would let foreigners own more of India's banks, ...

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 ...

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 ...

India's central bank, the Reserve Bank of India (RBI), data released on Friday, 16 May, showed that the nation's total foreign exchange (forex) reserves surged to reach a seven-month high of $690.61 ...

India's foreign exchange reserves rose $4.5 billion to $690.62 billion for the week ended May 9, on sharp rise in gold reserves, latest data released by the Reserve Bank of India (RBI) showed.

The Reserve Bank of India (RBI) is scheduled to meet with lenders next week to explore potential adjustments to its fund management strategies within the financial system. This move aims to enhance ...

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 ...

Curtis J. Myers, CEO of Lancaster-based Fulton Financial, has been appointed as a director of the Federal Reserve Bank of Philadelphia. In his new role on the nine-member board, Myers will help ...

The deal still needs the green light from the Reserve Bank of India (RBI) and the Competition Commission of India (CCI). Although foreign ownership in Indian banks is usually capped at 15%, the RBI ...

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.

According to the Reserve Bank of India’s (RBI) guidelines, post this deal, merging SMFG India Credit and YES Bank becomes important as the central bank does not allow banks to own subsidiaries ...