The Reserve Bank of India's $5 billion 6-month dollar/rupee buy-sell swap auction was oversubscribed five-fold on Friday, ...

India's foreign exchange reserves halted a seven-week losing streak and rose to $629.56 billion as of Jan. 24, coming off ...

The repo rate is the interest rate at which the RBI lends money to commercial banks when they need funds. When the repo rate ...

Banks will be open today, February 1, despite upcoming holidays in February due to various festivals. Finance Minister ...

The central bank is trying to address a market problem in which it too has played a significant role. The episode’s lesson is ...

The Reserve Bank of India (RBI) on Friday said it has imposed penalties on Equitas Small Finance Bank and India Post Payments ...

India's financial sector regulators need to put in place a formal process to assess the impact of their regulations, the government's Economic Survey said on Friday. Regulators in the financial sector ...

To address the long-standing issue of payment delays, the government has strengthened the TReDS platform, regulated by the ...

BHUBANESWAR: The Reserve Bank of India (RBI) has imposed a penalty on Odisha State Co-operative Bank (OSCB) Ltd for ...

The Reserve Bank of India (RBI) has imposed penalties on Equitas Small Finance Bank and India Post Payments Bank for ...

Banks are usually open on the first, third, and fifth Saturdays (if any) of a month, while they are closed on all second and ...