The Indian central bank's unexpected and decisive intervention in the foreign exchange markets over the past two days, worth ...

The Reserve Bank of India (RBI) has imposed strict restrictions on New India Co-operative Bank in Mumbai, citing supervisory concerns over its financial position. As per the restrictions which are ...

While this should not be seen as a cancellation of banking license by RBI, nervous customers gathered outside the bank branches with the hope of withdrawing their hard-earned money. Many customers ...

While the RBI didn’t disclose the magnitude of its intervention, Anil Kumar Bhansali, head of treasury at Finrex Treasury Advisors, estimated it could have been as much as $11 billion over two ...

A penalty of ₹61.40 lakh was imposed on Nainital Bank Ltd for non-compliance with certain directions on ‘Interest Rate on Advances’ and ‘Customer Service in Banks,’ RBI said in a statement.

The Reserve Bank of India (RBI) had imposed several restrictions on New India Co-operative Bank due to supervisory concerns. A man walks past the RBI logo at RBI headquarters in Mumbai ...

With the RBI's recent repo rate cut, we may expect lower lending rates for retail loans such as home loans and vehicle loans. However, it usually takes some time for customers to see these ...

Manish M. Suvarna is Senior Correspondent at Moneycontrol. He writes on the Indian money markets, RBI, Banks and NBFCs. He tweets at @manishsuvarna15. Contact: [email protected] Advisory ...

Manish M. Suvarna is Senior Correspondent at Moneycontrol. He writes on the Indian money markets, RBI, Banks and NBFCs. He tweets at @manishsuvarna15. Contact: [email protected] Advisory ...

Reserve Bank of India (RBI) will inject a $16 billion liquidity boost into the banking system next week amid tax outflows. RBI has infused around ₹2.68 trillion into the system in the last one ...

The RBI's move comes in response to "material concerns emanating from poor governance standards" observed in the bank. (Image: Representational/PTI) In a statement, RBI said, “The Reserve Bank has ...

The Reserve Bank of India (RBI) said the directions were necessary due to concerns arising from "recent material developments" at the bank, and to protect the interest of depositors, although did ...