MUMBAI — The Reserve Bank of India (RBI) has imposed a penalty of INR 3,10,000 on Hero FinCorp Limited for breach of norms related to...

NEW DELHI — Groww Pay, the UPI payments platform of broking firm Groww, has received in-principle authorisation from the Reserve Bank of India (RBI) to...

NEW DELHI — Global payment services leader Worldline ePayments India on Tuesday announced that they have been granted authorisation by the Reserve Bank of India...

NEW DELHI — Digital financial services provider PayU on Tuesday announced that it has received in-principle authorisation from the Reserve Bank of India (RBI) to...

MUMBAI — India’s foreign exchange reserves went up by $2.98 billion during the week ended April 5 to scale a new all-time high of $648.562...

MUMBAI — RBI Governor Shaktikanta Das on Monday emphasised the need to give retail customers a fair deal in foreign exchange markets that is at...

MUMBAI — The Reserve Bank of India (RBI), on Friday, left the key policy rate unchanged at 6.5 per cent in its monetary policy review...

MUMBAI — India’s GDP growth for 2024-25 is projected at 7 per cent while the forecast for inflation for the year has been retained at...

CHENNAI — The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) may cut repo rate only in the third quarter of FY25 and not...

MUMBAI — The RBI on Monday directed all banks to provide adequate incentives to their branches in financing the Self Help Groups (SHGs) and establish...