Since 1947, India has provided a slew of assistance to bankrupt Pakistan. The Reserve Bank of India even printed currency notes for its neighboring country between August 1947 and September 1948.

India's central bank is taking another step to internationalise the rupee, seeking approval to allow domestic banks to lend ...

India's central bank is examining foreign shareholding norms and licensing rules for banks as a part of a broader review, ...

The Reserve Bank of India has proposed relaxing norms for investments in alternate investment firms by regulated entities (REs) in the aftermath of its earlier tightening bringing in financial ...

India’s central bank will give a record dividend to the government, shoring up finances to bolster growth in Asia’s third ...

Banks in India are open today as it is the third Saturday. The Reserve Bank of India lists holidays, including six for May. Weekends are when most people finally find the time to run errands ...

The Reserve Bank of India (RBI) on May 19 granted in-principle approval to Emirates NBD Bank PJSC for setting up a Wholly Owned Subsidiary (WOS) in India. The approval was given under the Scheme ...

Indian lenders have asked the monetary authority for more leeway on the amount of cash they need to maintain daily as part of reserve requirements, according to people familiar with the matter.

That is where the Indian Financial System Code (IFSC) comes in. The Reserve Bank of India (RBI) assign 11 digit alphanumeric code to each bank are unique, that helps to identify a particular bank ...

The scam was discovered when the bank received its transaction report from the Reserve Bank of India (RBI). After the incident came into light, the chief information security officer of the bank ...

Our debt to GDP is one of the lowest, we have managed the fiscal deficit well and the Reserve Bank of India’s (RBI) message has been to bring durable liquidity into the system. Also read ...

YES Bank shares extended their gains on Thursday as the global rating agency Moody's Ratings said that the move of 20 per cent stake acquisition by Sumitomo Mitsui Banking Corporations (SMBC) is ...