MUMBAI — RBI Governor Shaktikanta Das on Thursday underlined the importance for banks and NBFCs to adopt advanced and emerging technologies such as artificial intelligence...

NEW DELHI — India’s consumer price inflation eased to a 12-month low of 4.75 per cent in May, compared to the same month of the...

MUMBAI — RBI Governor Shaktikanta Das on Friday sent a clear message to banks and NBFCs against charging extra fees and high interest rates on...

MUMBAI — The Reserve Bank of India (RBI) has shifted 100 metric tonnes of its gold kept in bank vaults in the United Kingdom to...

MUMBAI — With a lower trade deficit, robust services export growth and strong remittances, the current account deficit (CAD) is expected to have moderated in...

MUMBAI — The Board of Directors of the Reserve Bank of India on Wednesday approved the transfer of INR 2,10,874 crore as surplus to the...

MUMBAI — RBI Governor Shaktikanta Das on Wednesday held a meeting with major stakeholders in the UPI ecosystem including banks, National Payments Corporation of India...

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