The Reserve Bank of India has cancelled the banking license of Karnataka-based Shree Mahalaxmi Urban Co-operative Credit Bank due to its de...

India's central bank, the RBI, is opting against direct settlement of government securities via offshore platforms like Euroclear. Instead,...

The RBI is steering clear of offshore settlement for government securities, preferring foreign investors to trade directly on the domestic ...

The US Federal Reserve is expected to leave interest rates unchanged at its policy meeting on Wednesday, the first under new Fed Chair Kevi...

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...

Amazon veteran Amit Nanda, currently director of selling partner services, now takes over as CEO.

India has opened its stock markets to direct investment by foreign individuals, aiming to broaden capital sources beyond FPIs. While a long...

Under the rules, ⁠Apple must ⁠ensure that third-party providers of consumer cloud services can inter-operate effectively and free of charge...

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 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...

RBI’s FCNR(B) and ECB swap windows aim to boost liquidity, stabilise the rupee and ease funding costs for banks. Attractive returns for NRI...

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

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...

Many Indians face empty ATMs despite ample cash in circulation. This is due to serious disruptions in cash movement. UPI's rapid rise and i...