However, banks have refrained from cutting their Marginal Cost of Fund based lending rate (MCLR) which are largely offered to ...

As per the PIL, the BRs were issued by Euro Exim Bank, a St. Lucia-based entity incorporated under the laws of England & ...

The Indian rupee rose to a two-week high at 86.47, buoyed by central bank intervention. Analysts suggest this may have liquidated bearish positions. Despite the rupee’s recovery, forecasts predict it ...

While banks will be closed in the affected states, digital banking services like UPI, internet banking, and mobile banking ...

In an effort to bolster cyber security, banks and non-banks in India are to given exclusive internet domains. The Reserve Bank of India announced on February 7 that it would be introducing the ...

The Reserve Bank of India will shortly issue ₹50 denomination bank notes in Mahatma Gandhi (new) Series bearing the signature ...

The Reserve Bank of India (RBI) said it has lifted restrictions on Kotak Mahindra Bank, allowing the lender to ...

India's central bank on Wednesday surprised markets by announcing another liquidity infusion this week as it aims to inject ...

A significant portion of central banks worldwide have delayed their plans for launching CBDCs, citing regulatory challenges.

Inflation coming sustainably closer to the 4% deemed optimal by the Reserve Bank of India would justify its decision to cut interest rates. Unlike peers in most of the world's other large economies ...

This could clear the way for another rate cut by the Reserve Bank of India, which slashed rates from 6.5% to 6.25% after its ...

This could clear the way for another rate cut by the Reserve Bank of India, which slashed rates from 6.5% to 6.25% after its monetary policy meeting on Feb. 7.