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.

Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...

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

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 ...

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 ...

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.

Founder of NeoStrat Advisors Merging SMFG India Credit with YES Bank becomes important as the Reserve Bank of India’s (RBI) guidelines do not allow banks to own subsidiaries which are active in ...

RBI, the central bank of India, is the apex monetary institution that supervises, regulates, controls, and develops the monetary and financial system of India. The Reserve Bank was established in ...