The Reserve Bank of India is expected to slow its liquidity infusion after pumping 8.57 trillion rupees ($100.06 billion) into the banking system since December, with a large surplus transfer to the ...

The Trump Organization and its local partner will hold a groundbreaking ceremony on Wednesday for a luxury golf resort close ...

India's foreign exchange (forex) reserves hit a 7-month high after increasing $4.6 billion to $690.6 billion as of the week ...

The Reserve Bank of India will soon issue Rs 20 denomination banknotes in the Mahatma Gandhi (New) Series, bearing the signature of the new RBI Governor Sanjay Malhotra, effective from December 11, ...

Union Bank of India is investigating irregularities in the purchase of 1.89 lakh books by KV Subramanian, costing ₹7.25 crore. The books, intended for distribution by zonal offices, faced ...

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 ...

The Appointments Committee of the Cabinet has approved the re-appointment of Rabi Sankar for a period of one year with effect from May 3, 2025, or until further orders ...

Image: PTI Banks in some cities of the country will remain closed on May 1 on account of Labour Day and Maharashtra Day, per the Reserve Bank of India’s (RBI) bank holiday schedule. Labour Day ...

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’ ...

Amid global economic uncertainties, central banks are increasing gold reserves for stability. The Reserve Bank of India significantly boosted its gold holdings, purchasing 57.5 tonnes in FY24-25 and ...