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, ...

Not all banks in the entire India will be closed as this is a state holiday. Banks holiday although decided by the Reserve ...

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

State Bank of India, HDFC Bank, and ICICI Bank were once more designated as Domestic Systemically Important Banks (D-SIBs) in ...

Star India has won a bid to create a five-episode web series about the Reserve Bank of India's 90-year history. The series, ...

India’s central bank ordered four non-bank lenders, including Navi Finserv and DMI Finance, to halt loans from October 21, citing excessive interest rates and regulatory breaches. The Reserve ...

A recent significant development in India’s monetary landscape was when the RBI (Reserve Bank of India) brought back about 100 tonnes of gold imported from the United Kingdom. It marks the first ...

The Reserve Bank of India has banned four NBFCs from issuing new loans starting October 21, 2024, citing excessive lending rates and non-compliance with regulations. The Reserve Bank of India has ...

The Reserve Bank of India (RBI) has temporarily barred four non-bank lenders—Sachin Bansal's Navi Finserv, DMI Finance, Asirvad Micro Finance Ltd (backed by Manappuram Finance), and Arohan Finan ...

To highlight one of the top 10 above, India held $655 billion in foreign currency reserve assets as of May 2024. Its central bank, the Reserve Bank of India, intervenes in the foreign exchange ...

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.

The Reserve Bank of India in March ordered Paytm to stop operating several businesses at its banking subsidiary, which the company used for UPI payments, citing repeated violations of rules.