The Reserve Bank of India (RBI) said on Friday that it has imposed a monetary penalty of Rs 4.88 lakh on HDFC Bank and Rs 2.70 lakh on Shriram Finance after finding non-compliance with certain ...

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

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

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

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.

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

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

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

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 one of the world’s most important financial authorities because of India’s huge economic influence — due to its exports and GDP.

The Reserve Bank of India had earlier banned cryptocurrency — a decision overturned by the nation’s apex court over two years ago — but the central bank continues to informally exert ...

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