India's central bank on Thursday barred Mumbai-based New India Co-operative Bank from issuing new loans or allowing the withdrawal of deposits due to supervisory concerns.

The Reserve Bank of India said on Wednesday that it had lifted its 10-month-old order barring Kotak Mahindra Bank from ...

The Reserve Bank of India (RBI) made a significant move in its February 2025 monetary policy committee (MPC) meeting by cutting the repo rate by 25bps (basis points) to 6.25%, marking the first rate ...

The RBI, under new Governor Sanjay Malhotra, reduced the interest rate for the first time in nearly five years on Friday to ...

The repo rate influences interest rates on loans, including home loans. When the RBI lowers the repo rate, banks typically ...

The RBI’s MPC maintained a "neutral" stance, and short-term volatility is expected as markets adjust." 4:11 PM 'Rate cut will ...

The Reserve Bank of India (RBI) has levied penalties on Equitas Small Finance Bank and India Post Payments Bank for failing to meet regulatory compliance standards. A fine of Rs 65 lakh was imposed on ...

The RBI Governor’s caution came amid the rise in digital frauds in the banking sector in the last two years. Story continues below this ad He also underlined the need for RBI and banks to work ...

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The payout stood at 2.1 trillion rupees in the earlier year. The RBI makes an annual payout to the government from the surplus income it earns on investments and valuation changes on its dollar ...

New Delhi: Not all current food inflation is bad, as part of it arises from government subsidies that are boosting real incomes, according to Ram Singh, a member of the Reserve Bank of India (RBI)’s ...