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

The bank has been barred from accepting new deposits or allowing withdrawals, leaving account holders in distress ...

Mumbai police investigate embezzlement of ₹122 crore from New India Cooperative Bank, leading to RBI restrictions and board ...

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

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

India's new central bank chief Sanjay Malhotra is likely to take a growth-supportive approach over the next few months, as he ...

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 launched an exclusive internet domain 'bank.in' for Indian banks to deal with cyber fraud. This ...

Cryptocurrency might not be strictly illegal in India, but heavy taxation has made it more difficult to operate a crypto ...

Here are the key takeaways from the Reserve Bank of India’s first monetary policy decision under its new governor, Sanjay Malhotra, who took charge in December: ...

MUMBAI (Reuters) - India's central bank will infuse a record quantum of funds into the banking system through an overnight ...

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 ...