India's central bank will need to inject at least another 1 trillion rupees ($11.54 billion) into the banking system by March ...

A former general manager of New India Co-operative Bank, Hitesh Pravinchand Mehta, was allegedly found involved in siphoning ...

India's foreign exchange reserves snapped a three-week gaining streak to drop to $635.72 billion as of February 14, coming ...

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

Under such an arrangement, the central bank purchases dollars from banks in lieu of the rupee, thereby injecting liquidity ...

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

The Reserve Bank of India (RBI) on Friday superseded the cooperative lender's board for a year and appointed an administrator ...

RBI to conduct $10 billion dollar/rupee buy/sell swap to infuse liquidity, following successful $5.1 billion swap auction.

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

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 ...

The RBI has infused more than 3.6 trillion rupees ($41.56 billion) of durable liquidity into the banking system through a ...

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