MUMBAI — Digital rupee users will soon be able to execute transactions in areas with limited internet connectivity as the RBI on Thursday announced that...
MUMBAI — The Reserve Bank of India has imposed fines on HDFC Bank and Bank of America under the powers vested in it through sections...
NEW DELHI — Union Finance Minister Nirmala Sitharaman on Thursday said that while government institutions, banks and insurance companies were building greater awareness over cyber...
NEW DELHI — The increase in international crude oil prices has spilled over into the October – December quarter, raising the spectre of a higher...
MUMBAI — India’s foreign exchange reserves declined for a third consecutive week to a four-month low of $590.7 billion as of September 22, data released...
MUMBAI — With rising crude oil prices in the international market pushing up the demand for dollars, the Indian rupee has slumped to a record...
MUMBAI — The Reserve Bank of India (RBI) on September 4 enabled the Unified Payment Interface (UPI) transaction from the pre-sanctioned credit lines from banks....
RBI Governor Shaktikanta Das launched UDGAM, a portal to find unclaimed deposits across banks in one place. NEW DELHI — Reserve Bank of India (RBI)...
NEW DELHI — The extent of the jump in food inflation and other upside risks to inflation can compel the Reserve Bank of India (RBI)...
Citing the sharp rise in food prices, economists at a foreign bank have forecast a steeply higher retail inflation print for July, pegging it at...