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Fintechs to lay out a code for technology vendors amid rising cyberthreats and security risksUnified Fintech Forum is developing a framework to encourage best practices among technology service providers. This initiative aims to imp...- Flipkart, Exim Bank lead $8.13 billion external borrowing proposals in AugustIndian companies have sought to raise a total of $8.13 billion in external commercial borrowings. This amount represents a 6% increase from...
- Rupee weakens on dollar demand, elevated crude oil pricesThe Indian rupee closed at 95.22, reflecting a minor drop attributed to ongoing market pressures. With traders exercising caution ahead of ...
- Bank holiday tomorrow, October 29: Are banks closed for Karwa Chauth? Check city-wise detailsBanks in India will generally remain open on Thursday, October 29, for Karwa Chauth celebrations. Only bank branches in Shimla, Himachal Pr...
- Rupee edges up to 95.11 against dollar on likely RBI interventionOn Tuesday, the Indian rupee experienced a slight strengthening to close at 95.11 against the dollar. This change occurred despite rising o...
- India in striking distance of 8% growth as reforms boost economy: Shaktikanta DasDas said the BFSI sector has a crucial role to play in India's journey from a lower-middle-income economy to a high-income economy, through...
- India's growth momentum stays resilient despite global headwinds: RBI Deputy Governor Poonam GuptaReserve Bank Deputy Governor Poonam Gupta indicated that India's real GDP growth fell short due to external shocks. She highlighted that In...
- 'Talked to RBI, forcible recovery from farmers should be stopped': Maharashtra CMMaharashtra Chief Minister Devendra Fadnavis announced efforts to halt forceful loan recoveries by microfinance companies affecting farmers...
- Shaktikanta Das urges BFSI sector to lead infrastructure, high-tech manufacturing fundingShaktikanta Das highlighted the essential role of the BFSI sector in financing infrastructure and new manufacturing. He emphasized the need...
- Rupee slips below to 95.18 against dollar on elevated oil pricesOn Monday, the Indian rupee dropped to 95.18 against the dollar amid rising oil prices. Importer demand for dollars continued, despite incr...
- Wary of RBI, banks back off from forex dealsThe banks, using the easy rupee liquidity created after the inflow of deposits from the diaspora, bought dollars and invested the funds in ...
- Central Bank of India clarifies all accounts are safe after reports of 187 unauthorised transactions worth Rs 13.97 croreIn a recent statement, the Central Bank of India reassured customers that a technical issue with its RTGS server did not compromise account...
- Bank holiday today: Are banks open or closed in your state today on October 26, 2026? Check RBI listDue to various holiday celebrations, bank branchesin some states will not be open today as per the Reserve Bank of India's schedule for Oct...
- PM Modi to inaugurate RBI's data centre in BhubaneswarPrime Minister Narendra Modi is set to inaugurate the Reserve Bank of India's state-of-the-art data centre and Cybersecurity Training Insti...
- Gross FDI inflows to India fall to $11 billion in AugustGross foreign direct investment (FDI) to India decreased to $11 billion in August, from $14 billion a month ago. Net FDI to India slows $3 ...
- Indians remit $2.7 billion overseas in August, led by travelOutward remittances under the Liberalised Remittance Scheme (LRS) stood at $2.7 billion, with travel accounting for the largest chunk. Indi...
- RBI’s forward dollar sales surge to record $200 billion in AugustThe Reserve Bank of India recorded a net purchase of $43.26 billion in August's foreign exchange market. This was done to manage significan...
- Banking liquidity surplus shrinks to Rs 541 crore as cash crunch increasesLiquidity surplus in the banking system was reported at ₹541 crore as of October 21. Banks have increased fund parking to meet their daily ...
- RBI asks banks, payment firms to forensically clear tech environments in case of a data breachThe RBI has asked financial entities to remove management and administrative interfaces from public internet access, enforce multi-factor a...
- RBI imposes restrictions on Puducherry Co-op Urban Bank, caps withdrawalsThe Reserve Bank of India imposed restrictions on Puducherry Co-operative Urban Bank due to financial instability. Customers are limited to...
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