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 ...

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

MUMBAI, - The Reserve Bank of India has sought feedback from large market participants on aligning the overnight interbank call money rate more closely with the policy repo rate, five treasury ...

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 ...

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, ...

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.

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, ...

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 .

New Delhi: Banks across India will stay open on Saturday, May 31, as it is the fifth Saturday of the month. According to the Reserve Bank of India (RBI) guidelines, banks are closed on the second ...

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. The PIB said that the central bank has made no ...

RBI Repo Rate Cuts History: The Reserve Bank of India (RBI) on Friday reduced the repo rate by basis points (bps) to 5.50 per cent, significantly higher than estimates.