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

India achieved a significant current account surplus of $4.7 billion in April. This positive shift was driven by robust inward remittance f...

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...

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...

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...

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 ...

In May, Indian businesses tightened their belts when it came to overseas investments, marking a notable decline from April's figures. A dro...

The Reserve Bank of India now permits banks to directly fund Real Estate Investment Trusts and Infrastructure Investment Trusts. Strict rul...

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

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

India's central bank and markets regulator are intensifying scrutiny on overseas investments by firms and family offices, issuing multiple ...