According to the report by the World Gold Council, the Reserve Bank of India (RBI) purchased an additional 8 tons of gold in ...

The Reserve Bank of India's (RBI) restrictions on New India Co-operative Bank, located in Bandra, Mumbai, have triggered ...

The Reserve Bank of India announced the cancellation of licenses for 17 non-banking financial companies (NBFCs), including ...

India's central bank said on Friday it has taken control of the board of New India Co-operative Bank for 12 months, a day ...

All requests for withdrawal of funds were turned down, with banners at branch gates saying deposits would be paid back in around 90 days ...

The Reserve Bank of India (RBI) is set to infuse a record 2.50 trillion rupees ($28.85 billion) into the banking system ...

The Yes Bank app’s UPI integration is the first for the Indian retail CBDC, which has seen a variety of projects since its pilot launch in December. India’s central bank said that there’s a ...

The term "reverse repo rate" refers to the interest rate that is paid on deposits. The Reserve Bank of India pays interest on deposits at the reverse repo rate, whereas the repo rate is paid on ...

The Reserve Bank of India has cut its key interest rate for the first time in nearly five years, as cooling inflation has ...

India's central bank on Thursday barred Mumbai-based New India Co-operative Bank from issuing new loans or allowing the withdrawal of deposits due to supervisory concerns.

The Reserve Bank of India has announced a reduction in the benchmark lending rate by 25 basis points, which is welcomed by ...