The Reserve Bank of India's board approved the transfer of 2.69 trillion rupees ($31.53 billion) as surplus to the federal ...

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RBI has authorized select scheduled banks to establish currency chests—storehouses where banknotes and coins are stocked on ...

COLLECTORS and enthusiasts were treated to an interesting showcase at the 8th Penang International Malayan Banknote and ...

Sumitomo Mitsui Banking Corporation (SMBC) will acquire a 20% stake in Yes Bank for Rs 13,482 crore at a price of Rs 21.50 per share from multiple banks. As per the share purchase agreement ...

India’s forex reserves fell $2.06 billion to $686.06 billion in the week that ended on May 2, after extending gains for the eighth straight week, official data released by the Reserve Bank of India ...

The Reserve Bank of India (RBI) has levied a penalty of Rs 1.72 crore on the State Bank of India (SBI) for multiple instances of non-compliance with key regulatory directives. The central bank’s ...

The deal is subject to regulatory and statutory approvals, including from the Reserve Bank of India and the Competition Commission of India. Yes Bank said that the transaction is a significant ...

The meeting will bring together representatives from several key institutions like the Reserve Bank of India (RBI), the National Payments Corporation of India (NPCI), the Bombay Stock Exchange (BSE), ...

Days after India suspended the Indus Waters Treaty (IWT) in a strong diplomatic action against Pakistan following the terror attack in Pahalgam, World Bank President ...

Marking the largest cross-border transaction in India’s banking sector, Japanese lender Sumitomo Mitsui Banking Corporation (SMBC) has entered into a definitive agreement to acquire 20 per cent ...

having led a rescue of the bank in 2020 at the behest of the Reserve Bank of India (RBI). Following its turnaround, SBI has been looking to monetise its stake. SMBC is one of the largest banks in ...