The high-denomination ₹2,000 note was introduced in November 2016 after the demonetisation of Rs 500 and Rs 1,000 notes ...

In a statement, the RBI said the total value of ₹2000 banknotes in circulation, which was ₹3.56 lakh crore at the close of ...

Reserve Bank of India (RBI) imposed penalties totaling ₹54.78 crore on 353 banks and financial entities for non-compliance in ...

In a significant ruling, the national consumer disputes redressal commission (NCDRC) has dismissed a revision petition filed by the State Bank of India (SBI) and upheld orders from lower consumer ...

India's newest fintech feature enables users to get short-term credit directly via UPI—here's how and why it's significant.

Evolving global conditions present India opportunities, domestic growth is showing momentum and inflation looks manageable, ...

Another layer of concern is the lack of clarity on whether taxpayers can claim credits for the remittance tax.

The keenly watched credit growth was released. Credit growth dipped further below 10%. Deposit growth had also dipped below ...

The Indian rupee is emerging Asia’s worst performer this quarter and may continue to lag peers as the central bank aims to ...

The Reserve Bank of India provides the Liberalised Remittance Scheme. Indian residents can send money abroad. Individuals can ...

Solid manufacturing growth has helped India's economy outperform its major peers. Asia's third-largest economy grew 7.4% last ...

The Indian rupee strengthened on Monday, aided by likely dollar inflows related to the rejig of a global equity index that ...