Indian government bonds saw a significant rise on Friday. This surge was driven by a sharp decline in crude oil prices. Hopes of a breakthr...

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...

State Bank of India and Bank of Baroda are stepping into uncharted territory as the inaugural users of the Reserve Bank of India's fresh su...

Bank credit saw a strong 17.44 percent growth in May. This marks the ninth straight month of double-digit expansion. Demand for loans from ...

Asian central banks are intensifying efforts to curb offshore forex speculation as external pressures like high oil prices and a strong dol...

The Reserve Bank of India has released a draft framework for bank control and assurance functions. This aims to simplify rules and boost go...

India's banking sector is resilient against the economic impact of the US-Israel conflict with Iran, according to Fitch Ratings. While othe...

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

The Indian bond market celebrated a notable milestone, achieving its highest closing point in seven weeks, primarily thanks to the recent d...

Indian banks anticipate raising up to $40 billion through foreign currency deposits. The Reserve Bank of India is backing a new scheme to a...

Banks will now encourage more foreign currency deposits. The Reserve Bank of India will cover all hedging costs for these deposits. This mo...

A significant rupee depreciation has forced Indian students studying abroad to seek top-up loans from lenders, as initial loan amounts fall...

Banks will be open today, June 6, 2026. This is the first Saturday of the month, a regular working day. Bank holidays vary by state, with t...

Reserve Bank Governor Sanjay Malhotra stated that paying interest rates higher than disclosed is unacceptable to the central bank. While ac...

HDFC Bank is facing a barrage of governance allegations and panic. However, court relief and regulatory reassurances indicate no material a...

Bank holiday today: Banks across India are open today, May 30, 2026, as it is the fifth Saturday of the month. Typically, banks observe hol...

June 2026 bank holidays: Indian banks will be closed on several dates in June 2026. These holidays are for regional and national celebratio...