The Reserve Bank of India will conduct a massive $10 billion three-year dollar/rupee swap auction next week to infuse durable ...

India's central bank will need to inject at least another 1 trillion rupees ($11.54 billion) into the banking system by March ...

Global uncertainties pushed Dr. Nagesh Kumar to go for a 25 basis points rate cut during the February RBI MPC. The external ...

A former general manager of New India Co-operative Bank, Hitesh Pravinchand Mehta, was allegedly found involved in siphoning ...

Under such an arrangement, the central bank purchases dollars from banks in lieu of the rupee, thereby injecting liquidity ...

With the weekend upon us, many people are confused about whether banks in their city are open or closed today, Saturday, ...

High-frequency indicators suggest a significant and sustained pick-up in Indian economic activity, buoyed by budget-induced ...

Last week, the RBI took strict action against New India Co operative bank by suspending deposit withdrawals for six months, ...

The Reserve Bank of India (RBI) on Friday superseded the cooperative lender's board for a year and appointed an administrator ...

RBI Governor Sanjay Malhotra highlights positive budget aspects for price stability, targeting a 4.2% inflation rate by ...

The Reserve Bank of India (RBI) has proposed eliminating foreclosure and pre-payment penalties on floating rate loans for individuals and micro, small enterprises. The draft aims to promote ...