The RBI net bought bonds worth 101.75 billion rupees ($1.18 billion) in the week ending Jan. 17. These purchases were spread ...

The banking system cash deficit, as measured by banks’ borrowings from the Reserve Bank of India, was Rs 3.3 trillion ($38.2 ...

The Reserve Bank of India has formed a new external committee, led by former deputy governor MK Jain, to evaluate ...

Some large Indian lenders’ earnings have been more robust. Kotak Mahindra Bank’s shares jumped more than 9 per cent on Monday after it posted a 10 per cent rise in quarterly profit, even as money set ...

Banks have disbursed a total of 7.5 lakh loans amounting to ₹38,000 crore till now under the Reserve Bank of India’s (RBI) ...

Four of the six central banks overseeing the 10 most heavily traded currencies held meetings since November, and have lowered ...

IDFC First Bank Ltd. estimates 2 trillion rupees ($23.1 billion) of transfer by the Reserve Bank of India while QuantEco ...

Exclusive analysis on RBI's windfall payout to government, boosting economy amid weak consumption and tax revenues. Subscribe ...

MUMBAI : Non-residents will now be able to open rupee accounts in the overseas branches of India-registered authorized dealer ...

India's central bank will be more judicious in its use of foreign exchange reserves to mitigate domestic currency market ...

Reserve Bank of India (RBI) has mandated use of 1600xx' numbering series for transactional calls by regulated entities to ...