Banks across the country will be closed for a total of 18 days in December, according to the Reserve Bank of India (RBI)’s holiday list. In…

The rupee settled at a fresh closing low versus the dollar on Thursday as an unexpectedly strong US GDP estimate sparked speculation that much-awaited monetary policy easing…

The Reserve Bank of India (RBI) on Thursday imposed a monetary penalty of Rs 10,000 each on HDFC Bank and Bank of America, citing a violation…

Digital payments are replacing the need for cash in everyday transactions, yet the enduring motive to hold cash as a store of value persists, a report…

The Reserve Bank of India is in discussion with its counterparts in the United States and Hong Kong, along with the Society for Worldwide Interbank Financial…

Mumbai: India’s banking regulator is in discussions with its counterparts in the US and Hong Kong, as well as the Society for Worldwide Interbank Financial Telecommunications (Swift),…

Mumbai: The Reserve Bank of India (RBI) could defer its declared open market bond sale as currency leakage from the banking system during the festival season and…

The Reserve Bank of India (RBI) on Friday superseded the Board of Directors of Abhyudaya Co-operative Bank for one year, citing poor governance standards. The…