The Enforcement Directorate (ED) has provisionally attached immovable properties worth Rs 13 crore belonging to the directors of M/s Spectra Industries Limited (SIL) and others under the Prevention of ...

New India Co-operative Bank fraud case emerged as a former general manager of the bank, Hitesh Pravinchand Mehta, was allegedly found involved in siphoning ₹122 crore from the lender. The authorities ...

Mumbai: New India Cooperative Bank's former CEO, during whose tenure Rs 122 crore of the bank's deposits were misappropriated ...

The RBI has injected over Rs. 3.6 trillion of durable liquidity into the banking system so far through a combination of OMO ...

The RBI’s unified lending interface has facilitated 6 lakh loans of Rs 27,000 crore as of December 6 last year, Rao said, ...

This marks the largest-ever dollar/rupee swap auction by the RBI. The move comes amid an ongoing liquidity deficit in the ...

India’s central bank, the Reserve Bank of India (RBI), on Friday, February 21, announced that they have decided to conduct a ...

Indian government can reduce stake in public sector banks as economy grows, but CASA pressure remains a challenge.

Reserve Bank Governor Sanjay Malhotra opined that rate reduction was an appropriate monetary policy response at this juncture citing movement of inflation towards the central bank’s 4 per cent target, ...

The Reserve Bank of India's Monetary Policy Committee (MPC) voted to cut the repo rate by 25 basis points to 6.25%, citing ...

Subdued private consumption due to a low growth rate of real wages is a factor behind the slowdown, said the central bank.

The Indian government had no outstanding loans with the central bank under ways and means advances in the week ended Feb. 14, according to the Reserve Bank of India's weekly ...