MUMBAI — The RBI on Monday eased rules to allow resident entities to hedge their exposures to the price risk of gold using the OTC...

MUMBAI — India’s foreign exchange reserves rose for a sixth consecutive week to hit a historic high of $645.58 billion for the week ended March...

MUMBAI — The RBI on Thursday issued a clarification on its exchange traded currency derivatives (ETCD) circular and has decided that these directions will now...

MUMBAI — Over the next 10 years, India must strive to become a ‘financially Aatmanirbhar’ economy and continue to march ahead confidently in the path...

NEW DELHI — Out of Gross Market borrowing of INR 14.13 lakh crore projected in the Union budget for FY 2024-25, the government has decided...

MUMBAI — The Reserve Bank of India (RBI) on Wednesday issued an order for all branches of banks dealing with government receipts and payments to...

MUMBAI — The Reserve Bank of India (RBI) has imposed fines on Bank of India and Bandhan Bank for breach of rules, the central bank...

MUMBAI — RBI Governor Shaktikanta Das on Monday said that the interoperable payment system for internet banking is expected to be launched this year to...

DIMAPUR — Paresh Chauhan, general manager and officer-in-charge of the Reserve Bank of India (RBI), inaugurated the RBI’s financial literacy week on Monday at the...

After three months of hardship, retail inflation finally went down to 5.02 percent in September providing a much-needed relief to consumers severely impacted by high...