MUMBAI — The Reserve Bank of India (RBI) has tightened the framework for domestic money transfers in order to keep track of both cash pay-in...

MUMBAI — The Reserve Bank of India on Monday issued three revised Master Directions on fraud risk management for banks, NBFCs and housing finance companies....

MUMBAI — Given the country’s innate strengths, it is possible to imagine India striking out into the next decade to become the second largest economy...

NEW DELHI — Retail inflation increased to four-month high of 5.08 per cent in June as food items, including vegetables became dearer, according to government...

MUMBAI — The RBI on Monday announced that it has cancelled the licenses of two non-banking financial companies (NBFCs) for violating its guidelines. The NBFCs...

NEW DELHI — Credit rating agency ICRA estimates the Central government’s revenue receipts will witness an upward revision of INR 1.2 lakh crore in the...

NEW DELHI — The Finance Ministry on Wednesday announced the sale of Government bonds worth INR 28,000 crore in three lots through auctions to be...

MUMBAI — The Reserve Bank has ventured into Artificial Intelligence (AI) and Machine Learning (ML) analytics in multiple areas in order to develop cutting-edge systems...

MUMBAI — India’s foreign exchange reserves rose by $816 million to $653.71 billion in the week ended June 21, according to figures released by the...

MUMBAI — The Reserve Bank of India (RBI) announced on Thursday that it has, with the concurrence of the government of India, decided to put...