India's foreign exchange reserves experienced a decline of $3.04 billion, reaching $699.74 billion for the week ending on ...

The penalty on HDFC Bank was levied under the provisions of Section 11(3) of the Foreign Exchange Management Act (FEMA) after ...

Reserve Bank of India (RBI) imposes penalties on HDFC Bank for foreign investment norms violation and Shriram Finance for ...

India's foreign exchange reserves topped $700 billion last week to hit a 9-month high, which, alongside the central bank's ...

New Delhi: The country's gold reserves grew by $342 million during the week, reaching $84.846 billion, according to the ...

India’s central bank announced plans to withdraw excess liquidity from the banking system, a move likely aimed at stemming ...

The clarification refers to earlier instructions issued in December 2024 on credit flow to agriculture and the Master ...

India’s central bank said on Thursday it will conduct a seven-day variable rate reverse repo (VRRR) auction worth 2.5 ...

The Reserve Bank of India's increased tolerance for rupee volatility is prompting companies to more actively manage forex ...

The Reserve Bank of India is the central bank of India, which was established on Apr. 1, 1935, under the Reserve Bank of India Act.

The talks are at very early stages and there is no certainty the changes will be implemented or when any decisions could be ...