India's central bank said on Thursday it would require lenders to set aside 1% of the value of loans for under-construction ...

Major Indian banks have slashed savings account interest rates in June, cutting returns for depositors across the board, ...

A surge in oil prices after Israel’s strikes on Iran sent the Indian rupee tumbling on Friday, prompting the central bank to ...

Several major banks, including Punjab National Bank (PNB), Bank of India and UCO Bank, have slashed their lending rates following the Reserve Bank of India's (RBI) recent decision to cut the repo rate ...

The Reserve Bank of India lowered its key repo rate by 50 basis points to 5.5 per cent. Most analysts had expected a 25-point cut. It is the third reduction in a row since February.

In a bold move to stimulate economic growth and improve credit flow, the Reserve Bank of India (RBI) on June 6 announced a significant 100 basis point (bps) reduction in the Cash Reserve Ratio (CRR), ...

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 ...

The Reserve Bank of India (RBI) delivered a larger-than-expected 50bp cut to the repo rate, bringing it down to 5.5%. This brings total rate cuts by the RBI to 100bp in this cycle, leaving the real ...

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 ...

The central bank's Annual Report, released on Thursday, said that inflation has already fallen below the target in February and March 2025, which has strengthened the outlook for a durable alignment ...

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 ...

MORE FOR YOU The deal is subject to regulatory approvals from the Reserve Bank of India and the Competition Commission of India. “SMBC Group established an Indian Division in April this year to ...