Bofa Research expects the Indian rupee to strengthen to 84 per U.S. dollar by December 2025 from a prior forecast of 87, ...

Indian lenders have urged the central bank to revert to overnight liquidity management operations and sought easier cash ...

As per the Reserve Bank of India (RBI), India’s banking sector is sufficiently capitalised and well-regulated. The financial and economic conditions in the country are far superior to any other ...

The Reserve Bank of India (RBI) has issued Reserve Bank of India (Digital Lending) Directions, 2025 yesterday. Reserve Bank ...

India’s central bank is expected to pay a record dividend to the government, offsetting shortfall in tax revenues due to slow growth and helping meet any emergency spending needs, economists said.

The Reserve Bank on Friday said it has imposed penalties on five lenders, including ICICI Bank, Bank of Baroda, and Axis Bank, over deficiencies in certain regulatory compliances. Penalty of Rs 97.80 ...

This move aims to help banks manage their funds better in line with the needs of the real-time payment system. However, the group did not suggest any change in trading hours for other financial ...

India's bank holidays are elaborate and are governed by Reserve Bank of India (RBI) guidelines, comprising the Negotiable Instruments Act, RTGS holidays, and other regional and national observances.

Bank Holidays in May 2025 According to the list of holidays shared by the Reserve Bank of India (RBI), banks in several states will remain closed on May 1, 2205. Bank holidays vary from state to ...

Reserve Bank of India places its Holidays under three brackets --Holiday under Negotiable Instruments Act; Holiday under Negotiable Instruments Act and Real Time Gross Settlement Holiday; and Banks’ ...

(Bloomberg) Bank holidays in May 2025: The Reserve Bank of India has designated six bank holidays for May 2025, as per its state-wise official holiday calendar for the fiscal year 2025-26.

Bank Holiday Today: Banks in Bengaluru (Karnataka), India, will remain closed today, Wednesday, April 30, 2025, on account of Akshaya Tritiya and Basava Jayanti, according to the Reserve Bank of India ...