The Central Bureau of Investigation (CBI) has arrested Pankaj Aggarwal, IAS on Monday who was the then Principal Secretary in Department of...

Power Finance Corp successfully raised $300 million in international bonds, marking India's second such issuance since the RBI's special sw...

The Reserve Bank of India has highlighted rising fuel prices and a dip in consumer confidence due to West Asian conflict, despite a recent ...

Falling crude oil prices might boost growth beyond central bank forecasts, potentially easing rate hike needs. However, supply chain disrup...

For the first time in years, the math is actually working for non-resident Indians to invest dollar savings in India.

Indian banks are seeking clarity from the RBI on allowing overseas branches to lend to non-residents for FCNR(B) deposits. Some lenders, li...

Bank holiday: Indian banks operate on a mixed schedule, with closures on Sundays and the second/fourth Saturdays. While many services are d...

Major Indian banks, including SBI, Axis Bank, and Bank of Baroda, alongside Power Finance Corporation, are set to raise over $2 billion fro...

The Enforcement Directorate has initiated a FEMA probe into five companies located in Bengaluru for their alleged involvement in unauthoriz...

South Indian Bank has boosted interest rates on US dollar deposits for Non-Resident Indians to 6.5% per annum for 3-5 year tenures. This mo...

The investment was completed through a preferential allotment of 929.1 million fully paid-up equity shares of RBL Bank at Rs 280 per share,...

HDFC Bank has successfully raised $750 million in offshore bonds, marking the first to leverage the RBI's 1.5% fixed-rate swap for external...

The Reserve Bank of India has eased interest rate rules for overseas deposits. This allows banks to offer better returns on FCNR(B) and NRE...

The rupee extended its gains to close at 94.53 against the US dollar, supported by RBI measures to boost foreign currency inflows, softer c...

The Reserve Bank of India has temporarily lifted interest rate restrictions on certain NRE and FCNR(B) deposits until September 30, 2026. T...

The Reserve Bank of India has opened direct equity investment in listed firms to all foreign individuals, expanding beyond NRIs and OCIs. T...

Bank holiday today: Banks across India are closed today, Saturday, June 13, 2026, as it marks the second Saturday of the month. While physi...