
India’s forex reserves jumped by $4.529 billion to $658.8 billion during the week ended March 21, the RBI said.
The RBI has mandated all banks to participate in the special clearing operations on March 31 to facilitate accounting of…
Bank holiday on Eid: March 31 marks the last day of the current financial year 2024-25, which is the deadline…
For money transfer abroad, Indian citizens must follow the guidelines set by the RBI’s Liberalized Remittance Scheme.
RBI is set to double to 10 per cent a cap on investment by individual foreign investors in listed companies,…
Recent improvements in domestic macroeconomic data suggest the worst may be behind us and the triggers for a gradual improvement…
RBI clarified that this monetary penalty is specifically related to deficiencies in regulatory compliance and does not reflect the validity…
The RBI Governor Sanjay Malhotra said that there is a need for continuous improvement in India’s anti-money laundering (AML) and…
Is there a definitive trend reversal in terms of FII strategy for India? Experts say earnings, rupee and rate cut…
India’s NBFCs, as a sector, have been relatively insulated from global economic uncertainties. The NBFC sector has maintained double digit…
ARCs are expected to see the cumulative redemption rate of security receipts (SRs) issued for stressed retail assets improve by…
A fintech-SRO is a recognition by the RBI granted to a non-governmental entity that acts as a regulatory body for…
The Reserve Bank of India (RBI) released updated Priority Sector Lending (PSL) guidelines on Monday, which will be implemented on…
The rupee appreciated 12 paise to 85.86 against the US dollar in early trade on Monday, as strong domestic inflows…
Bank Strike: The United Forum of Bank Unions (UFBU) has decided to postpone the bank strike initially planned for March…
The Reserve Bank of India (RBI) has approved a hike in ATM interchange fees, increasing financial transaction charges by Rs…
The penalty on IDBI Bank was imposed for failing to undertake due diligence while processing inward remittances from a foreign…
With mediocre growth, low CPI inflation and increasingly high real rates, the imperative to cut policy rates has risen materially,…