The Reserve Bank of India likely sold U.S. dollars before the local spot market opened on Friday to support the rupee, ...

India's foreign exchange reserves extended their losing streak for a sixth straight week and stood at a 10-month low of ...

Dollar-rupee forward premiums declined on Thursday after India's central bank said it would infuse rupees into the banking ...

HSBC India on Thursday announced that it has received approval from the Reserve Bank of India (RBI) to open 20 new bank ...

The RBI now allows banks to open rupee accounts at overseas branches for non-residents to facilitate rupee ...

India’s economy is poised for a strong rebound, driven by rising domestic demand, rural consumption, and public capex on ...

A PMLA court granted bail to Amar Mulchandani, ex-chairman of Seva Vikas Bank, due to his severe health issues and trial delays in a ₹429.57 crore fraud case.

A surprise interest-rate cut in Indonesia and signs the Reserve Bank of India may be willing to loosen its tight grip on the ...

The nod allows the group to hold up to 9.5% stakes in Kotak Mahindra Bank, AU Small Finance Bank, Capital Small Finance Bank.

During Manmohan Singh's tenure as Prime Minister of India from 2004 to 2014, the Reserve Bank of India (RBI) was headed by the following governors: Sanjay Malhotra has been appointed as the twenty ...

India may record a fiscal deficit for the current fiscal year at 4.7%-4.8% of gross domestic product (GDP), lower than the ...

The softer inflation reading for December offers more room to the RBI to cut rates, amid slowing growth in the country. India's economy expanded by just 5.4% in its second fiscal quarter ending ...