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

Banks across India remain closed on second and fourth Saturdays of the month in accordance to the RBI bank holiday calendar.

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

On second and fourth Saturdays, all public and private sector banks, cooperative banks, and regional rural banks do not ...

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 ...

The ripple effect of the Reserve Bank of Indias recent 100 basis point repo rate cut is now being strongly felt across the ...

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 ...

An internal committee of the Reserve Bank of India is in favor of retaining the current inflation target in an upcoming government review, according to people familiar with the matter, giving ...

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

Since its the second Saturday of the month, all banks across India will remain closed as per the RBIs holiday schedule.