The Reserve Bank of India cut its key repo rate by a larger-than-expected 50 basis points and slashed the reserve ratio for banks as low inflation gave policymakers room to focus on supporting growth.

The Reserve Bank of India (RBI) has expressed confidence in aligning headline inflation with its target of 4.0 per cent over a 12-month horizon, supported by easing food prices and favourable economic ...

Central Bank of India acquires equity stake of 24.91% of Future Generali India Insurance Company Limited, the bank informed in an exchange filing on Thursday, June 5, 2025.

The numbers are deeply unsettling. Bank frauds aren’t just rising—they’ve exploded. The total amount lost to fraud tripled in just a year, from ₹ 12,230 crore in 2023–24 to ₹ 36,014 ...

Meanwhile, Kalyan Kumar, who is serving as ED in Delhi-headquartered Punjab National Bank, will succeed M V Rao as MD of Central Bank of India after his superannuation in July, PTI reported.

India Business News: Mumbai: The Reserve Bank is reviewing the liberalised remittance scheme, which saw outflows of around $30 billion in FY25, as it looks to rationalise .

The Reserve Bank of India last month bent its rules to let Japan's Sumitomo Mitsui Banking Corp buy a 20% stake in Yes Bank, and two foreign institutions are vying for a stake in IDBI Bank, ...

Press Information Bureau of India has refuted the claims that the Reserve Bank of India is going to discontinue the Rs 500 banknotes by March 2026.

Financial Literacy News: The Reserve Bank of India is exploring the possibility of allowing banks to offer fixed deposits with tenures shorter than seven days, seeking feedbac ...

India’s central bank is taking another step to internationalise the rupee, seeking approval to allow domestic banks to lend the currency to overseas borrowers for the first time, two sources said. The ...

The Reserve Bank of India last month bent its rules to let Japan's Sumitomo Mitsui Banking Corp buy a 20% stake in Yes Bank, and two foreign institutions are vying for a stake in IDBI Bank, ...

The Reserve Bank of India lowered the benchmark repo rate, the level at which it lends to commercial banks, by 50 basis points to 5.5 per cent. PHOTO: AFP. UPDATED Jun 06, 2025, 10:22 PM.