India's foreign exchange reserves dropped for a sixth consecutive week to a near 3-month low of $675.65 billion as of Nov. 8, ...

The Indian economy is “sailing through smoothly,” even as global growth faces accelerating risks ranging from geopolitical ...

Central banks have managed to engineer a soft landing, but there is still a risk of global inflation returning, according to ...

These institutions are also perceived as being "too big to fail". The Reserve Bank of India had issued a framework for ...

Last November, the Reserve Bank of India asked banks to set aside more capital for unsecured consumer credit, including small ...

UPI Lite is a wallet that allows users to make small-value transactions without using a UPI PIN. Currently, UPI Lite users have to manually reload their wallet balance from their bank account to ...

The year 1935 also saw the establishment of the Reserve Bank of India (RBI) with core functions as defined in those nascent days of central banking: issuance of bank notes and maintenance of ...

This comes after rupee recovered from its all-time low level to settle 1 paisa higher at 84.10 (provisional) against the US ...

Personal loan growth is slowing down. The Reserve Bank of India had tightened lending norms. Demand for big-ticket items is also slowing down. The RBI asked banks to set aside more capital for ...

"Inflation is only likely to dip from January onwards, but this will be driven by base effects. We are now less hopeful of a February rate cut. We believe the first rate cut is now effectively pushed ...

(Image: PTI) Are banks open or closed today? The Reserve Bank of India (RBI) has announced the bank holiday schedule for ...

A jeweller in Mumbai was tricked by a man posing as an RBI employee, who used fake payment receipts to steal gold worth ₹1 lakh.