The Reserve Bank of India has set the premature redemption price for Sovereign Gold Bonds 2020-21 Series-III. Investors can redeem these bo...

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

The Reserve Bank of India has updated investment rules for Non-Resident Indians and Overseas Citizens of India. Individuals residing outsid...

The Reserve Bank of India has prohibited third-party incentives to employees of regulated entities, while allowing banks and NBFCs to rewar...

RBI has prohibited third-party incentives to employees of regulated entities for selling financial products, while allowing banks and NBFCs...

India achieved a current account surplus of $4.7 billion in April 2026. This positive development occurred even with a larger merchandise t...

Banks are poised to save approximately ₹4,000 crore annually by raising deposits through FCNR(B) accounts, as the RBI covers hedging costs,...

The Bombay High Court has ruled that an Reserve Bank of India official's unauthorized absence from work is grave misconduct. The court dism...

Facing renewed external sector pressures, the RBI has revived a version of the FCNR(B) deposit framework to attract foreign currency inflow...

In an ambitious bid to enhance India's foreign currency reserves, the Reserve Bank of India is urging banks to ramp up their efforts in att...

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

Banks are urging the RBI to clarify regulations for the new FCNR deposit scheme, aiming to attract diaspora funds. They seek a tweak in wor...

The push comes amid RBI measures to incentivise foreign currency inflows, including swap facilities and hedging cost support for FCNR(B) de...

The restrictions are effective from the closure of business hours on Friday for a period of six months and are subject to review, the Reser...

India's foreign exchange reserves saw a dip of $711 million, settling at $681.610 billion by June 5. This decline was primarily driven by a...

Indian banks have significantly increased interest rates on foreign currency deposits for Non-Resident Indians, with some hikes reaching 35...

India's current account deficit is projected for FY27. However, Reserve Bank of India measures are anticipated to improve the country's ext...