The world’s fastest-growing major economy is “powered by buffers like strong macroeconomic fundamentals, stable financial ...

These institutions are also perceived as being "too big to fail". The Reserve Bank of India had issued a framework for ...

India's central bank on Monday released an operational framework for reclassifying equity investments made by foreign portfolio investors (FPI) that exceed the prescribed limit as foreign direct ...

A jeweller in Mumbai was tricked by a man posing as an RBI employee, who used fake payment receipts to steal gold worth ₹1 lakh.

SBI, HDFC Bank and ICICI Bank continue to be identified as Domestic Systemically Important Banks (D-SIBs) under the same ...

The Reserve Bank of India (RBI) reaffirmed on Wednesday that State Bank of India, HDFC Bank, and ICICI Bank are India’s key ...

A recent significant development in India’s monetary landscape was when the RBI (Reserve Bank of India) brought back about 100 tonnes of gold imported from the United Kingdom. It marks the first ...

India’s central bank ordered four non-bank lenders, including Navi Finserv and DMI Finance, to halt loans from October 21, citing excessive interest rates and regulatory breaches. The Reserve ...

The Reserve Bank of India has banned four NBFCs from issuing new loans starting October 21, 2024, citing excessive lending rates and non-compliance with regulations. The Reserve Bank of India has ...

To highlight one of the top 10 above, India held $655 billion in foreign currency reserve assets as of May 2024. Its central bank, the Reserve Bank of India, intervenes in the foreign exchange ...

The Reserve Bank of India (RBI) has temporarily barred four non-bank lenders—Sachin Bansal's Navi Finserv, DMI Finance, Asirvad Micro Finance Ltd (backed by Manappuram Finance), and Arohan Finan ...

The Reserve Bank of India in March ordered Paytm to stop operating several businesses at its banking subsidiary, which the company used for UPI payments, citing repeated violations of rules.