India's central bank on Wednesday laid down a framework to standardise the process of making and amending rules, including ...

Sumitomo Mitsui Banking Corp (SUMFGI.UL) (SMBC) is close to agreement on acquiring a stake in Yes Bank , with the Japanese ...

The India rupee is poised to decline at open on Wednesday after military action by India against Pakistan heightened ...

Monetary policy has grown more effective. RBI’s rate-formula tweak for corporate lending may have made a difference.

The directions include two key initiatives: enhanced transparency in digital loan aggregation and the operationalisation of a ...

The Reserve Bank of India's surplus transfer to the government for the last fiscal year is projected to reach ₹3 lakh crore, ...

Sumitomo Mitsui Banking will either buy less than 26% in Yes Bank and do a merger through a share swap, or buy up to 26% and ...

The Reserve Bank of India (RBI) has sent an advisory to the banks, alerting them to cybersecurity threats as India and ...

According to the RBI's schedule, banks operate on the first and third Saturdays while remaining shut on the second and fourth ...

As a result, before issuing any regulation, the RBI will now publish a draft on its official website, along with a statement ...

India's foreign exchange reserves fell by $2.06 billion in the week ending 2 May, snapping an eight-week rally as gold ...