A working group set up by the Indian central bank has recommended longer operating hours for the interbank money markets, ...

The Reserve Bank of India likely stepped in, via state-run banks, to buy dollars on Friday, five traders said, as the rupee ...

India's central bank deputy governor Poonam Gupta has been assigned the monetary policy, financial market operations and ...

The Reserve Bank of India (RBI) has listed six bank holidays for this month according to its state-wise official calendar.

A penalty of Rs 31.80 lakh was imposed on Bank of Maharashtra for non-compliance with certain directions on KYC ...

In May 2025, besides regular weekend closures, banks are scheduled to observe seven state-specific public holidays, per the ...

Banks will be open on May 3, 2025, the first Saturday of the month. As per the RBI calendar, banks are typically closed on ...

The Reserve Bank of India's plan to buy 1.25 trillion rupees ($14.66 billion) of bonds in May will likely lower the cost of ...

MUMBAI (Reuters) -India has room for more rate cuts, given the declining inflation and elevated uncertainties around growth, ...

The Reserve Bank's rate cuts are set to reduce banks' return on assets (RoA) by up to 0.20% in FY26, driven by a decline in ...

For March 2025, services exports stood at $35.6 billion, reflecting a year-on-year growth of 18.6 percent compared to $30.0 ...

The Reserve Bank of India (RBI) has levied penalties on ICICI Bank, Bank of Baroda, IDBI Bank, and Bank of Maharashtra for ...