The RBI has reduced the repo rate by 25 basis points to 6.25% for the first time in five years, aiming to boost economic growth. Industry leaders expect lower borrowing costs to drive credit demand, ...

The Reserve Bank of India (RBI) new governor Sanjay Malhotra on Friday provided significant relief to banks by assuring that ...

The RBI cut interest rate for the first time in nearly 5 years on Friday as the central bank pivoted the policy stance to support a shuttering economy.

This came to pass after the Reserve Bank Of India (RBI), the central bank of India, announced new measures to inject ...

“It’s not that they have chosen only English Wikipedia pages. They have chosen all Wikipedia pages whether they are in Hindi or Malayalam or Vietnamese, or whichever language. But the problem ...

Great news for mobile users in India! The Reserve Bank of India (RBI) has recently introduced two dedicated phone number series for financial institutions to make transaction and marketing calls ...

The Reserve Bank of India (RBI) on Thursday released the list of non-banking finance companies (NBFCs) in the upper layer segment for the year 2024-25, which included Tata Sons Private Ltd, Bajaj ...

A claim has been circulating on social media, suggesting that the Reserve Bank of India (RBI) has mandated the use of specific ink colors for writing cheques. However, the Press Information Bureau ...

In a significant push to enhance the global usage of the Indian Rupee (INR) and local currencies for cross-border transactions, the Reserve Bank of India (RBI) has liberalised key regulations under ...

The RBI accepted ₹30,760 crore from overnight VRR auction and ₹9,892 crore from government securities buyback. Another VRR auction of ₹50,000 crore is announced for Friday, to be reversed on Monday.

MUMBAI: Non-residents will now be able to open rupee accounts in the overseas branches of India-registered authorized dealer banks and conduct cross-border transactions in rupees as the central ...

In a bid to promote cross-border transactions in rupees and currencies of other countries, the Reserve Bank of India (RBI) has further liberalised the Foreign Exchange Management Act (FEMA). On ...