The Reserve Bank on Saturday said 98.18 per cent of the Rs 2000 banknotes have been returned to the banking system, and only Rs 6,471 crore worth such notes are still with the public. On May 19, 2023, ...

As Trump turns the White House into a crypto fan club, India must resist the lure of financial chaos, regulatory capture, and ...

India’s economy is expected to grow at a much better pace in the fourth quarter of FY25, supported by strong government spending, a recovery in the rural economy, and a likely increase in private ...

The Reserve Bank of India has partially reversed tighter rules for bank loans to small borrowers and non-bank lenders, ...

The case dates back to January 2024, when Union Bank issued a show cause notice to Reliance Communications, saying its loan account would be classified as “fraudulent” as it had allegedly sanctioned ...

The Reserve Bank of India conducted a $10 billion USD/INR swap auction to provide long-term liquidity. The auction, settled ...

The Reserve Bank of India will conduct a massive $10 billion three-year dollar/rupee swap auction next week to infuse durable ...

The Reserve Bank of India (RBI) has levied penalties totaling Rs 66.6 lakh on HSBC and Rs 33.1 lakh on IIFL Samasta Finance ...

Withdrawals will be available through bank branches and ATMs, but customers cannot exceed the set limit or their available ...

Additionally, the RBI has facilitated the process by allowing the public to send their ₹2,000 banknotes via India Post from any post office in the country to an RBI issue office for direct credit to ...

This announcement comes just over a week after the central bank prohibited the bank from issuing new loans, dissolved its ...

RBI relaxes restrictions on New India Co-operative Bank, allowing depositors to withdraw up to ₹25,000 from February 27.