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 ...

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

Investopedia / Michela Buttignol The Reserve Bank of India (RBI) is the central bank of India, originally established as a private entity in 1935, then nationalized in 1949. What Is the Reserve ...

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 ...

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’ ...

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 ...

The Reserve Bank of India has approved the formation of an interim “Committee of Executives” to oversee the operations of IndusInd Bank in the absence of a Managing Director and Chief Executive ...

The Reserve Bank of India (RBI) urged Kathpalia and Khurana to step down following the accounting lapses, Reuters had reported in March. The country's fifth-largest private lender had in March ...

The Reserve Bank on Tuesday launched three crucial surveys, which included inflation expectations, in order to collect useful inputs for monetary policy decisions. The RBI usually holds six bi-monthly ...