A working group set up by the Indian central bank has recommended longer operating hours for the interbank money markets, ...

The Reserve Bank of India likely stepped in, via state-run banks, to buy dollars on Friday, five traders said, as the rupee ...

India's central bank deputy governor Poonam Gupta has been assigned the monetary policy, financial market operations and ...

The top two executives at India's IndusInd Bank resigned this week after an external investigation found they were ...

Banks will be open on May 3, 2025, as it is the first Saturday of the month. Banks are typically closed on second and fourth ...

The Reserve Bank of India (RBI) has levied penalties on ICICI Bank, Bank of Baroda, IDBI Bank, and Bank of Maharashtra for ...

Banks in India typically remain closed on the second and fourth Saturdays of each month, in addition to all Sundays. Moreover, regional closures are observed depending on state-specific festivals ...

The Reserve Bank of India also recently lowered the growth forecast for the current fiscal 2025-26 to 6.5 per cent from 6.7 ...

The Reserve Bank of India (RBI) has issued final guidelines under the Basel III Liquidity Coverage Ratio (LCR) framework, ...

The Reserve Bank's rate cuts are set to reduce banks' return on assets (RoA) by up to 0.20% in FY26, driven by a decline in ...

For March 2025, services exports stood at $35.6 billion, reflecting a year-on-year growth of 18.6 percent compared to $30.0 ...

In all cases, the RBI said the penalties are based on deficiencies in regulatory compliance and not intended to pronounce ...