Within the Indian financial landscape, the contrast between short- and long-term certificate of deposit rates is becoming increasingly evid...

In situations where banks are inundated with liquidity, the natural tendency among many lenders is to push loans and go down the credit mat...

India, which imports roughly 90% of its crude oil needs, is particularly exposed to swings in global oil prices, with elevated oil prices a...

RNFI Money, a wholly owned subsidiary of RNFI Services, has received RBI approval to undertake cross-border trade remittances. The licence ...

HSBC forecasts that foreign currency deposits will significantly enhance its operations in India. By securing $14.5 billion through a speci...

Gold prices dropped during the early hours of Asian trading on Monday, driven by escalating tensions in the Middle East and persistent infl...

A Gazette notification claiming that nine public sector banks will be merged into State Bank of India, Punjab National Bank and Bank of Bar...

RBI has ordered the removal of Maharashtra Cooperation Minister Babasaheb Patil and seven other directors from Latur District Central Coope...

India's foreign exchange reserves faced a considerable downturn last week, plunging by $4.9 billion to a total of $780.7 billion. This decr...

India's foreign exchange reserves saw a significant decrease of $4.92 billion. This decline brought the total reserves down to $780.78 bill...

The rupee may need further depreciation to address trade shocks. Its real effective exchange rate has fallen to a 2013 taper tantrum level....

Overseas bond sales may moderate as the US Federal Reserve increases interest rates. Bank of Maharashtra priced its debut bond at a higher ...

Tata Sons has granted Chairman N Chandrasekaran a five-year extension, setting the stage for the long-awaited initial public offering of th...

The Reserve Bank of India has taken steps to absorb liquidity from the banking sector by selling bonds worth 500 billion rupees. This strat...

Banks want RBI approval to apply new rules for closing old trade deals. These unsettled transactions have accumulated to nearly one lakh cr...

HDFC Bank has submitted two preferred candidates for its next MD and CEO to the Reserve Bank of India. The bank's board approved these cand...

ICICI Prudential AMC secured Reserve Bank of India approval for significant bank share acquisitions. The approval allows for aggregate hold...