The Reserve Bank of India (RBI) fined Citibank NA, JM Financial, and Asirvad Micro Finance for regulatory non-compliance. Citibank was penalized Rs 39 lakh for credit data breaches, JM Financial ...

MUMBAI: In a move aimed at improving liquidity in the banking system, the RBI has said that it will conduct a USD/INR buy/sell swap auction on Feb 28 to inject Rs 86,000 crore into the banking system.

Why has RBI taken action? According to the RBI’s official notice, The action comes after supervisory concerns raised over the bank's financial health, and it is aimed at safeguarding depositors ...

Panic gripped customers of New India Co-operative Bank after the Reserve Bank of India (RBI) imposed severe restrictions on withdrawals for six months due to concerns over the bank’s financial ...

India’s banking regulator RBI imposed ₹76.6 lakh penalty on four NBFCs over non-compliance issues in its peer-to-peer lending platform on March 7. RBI said it will conduct OMO purchase ...

"This app offers quick access to the Database on the Indian Economy (https://data.rbi.org.in) portal and aims to serve the researchers, students, and the general public," it said.

India's central bank said on Monday it would allow depositors of troubled New India Co-operative Bank to withdraw up to 25,000 rupees (about $290) from their accounts.

India’s central bank will infuse a record quantum of funds into the banking system through an overnight infusion on Wednesday, after it aggressively intervened in the foreign exchange (FX ...

The Indian rupee gained on Wednesday on broad-based interbank dollar sales and after the central bank's firm defence of 87.40 ...

People have gathered outside Mumbai-based New India Co-operative Bank as the Reserve Bank of India (RBI) has issued a notice to the Bank imposing restrictions, which prohibits it from issuing new ...

RBI now owns nearly 100 percent of the Burger King China segment and said it will engage advisers to assist the company in finding a new local partner to “inject primary capital into the business and ...

India's central bank, the Reserve Bank of India (RBI), is set to ramp up the liquidity in the nation's banking system through the infusion of $16 billion by next week amid the large tax outflows ...