On Tuesday, bank stocks rocketed upwards following strategic interventions by the Reserve Bank of India aimed at shielding foreign currency...

Mutual funds reduced their exposure to private banks for the second consecutive month in April, driven by tactical rotation and near-term e...

Global economic activity is slowing, with manufacturing contracting in many regions due to persistent inflation and the ongoing energy crun...

India confronts an economic crisis driven by global events. Import duties on gold and silver are an initial step. Policymakers warn of crun...

Elevated energy import costs have pushed the Indian rupee to a record low, prompting urgent questions about Reserve Bank of India rate hike...

Indian banks are now requiring corporates to provide documentation for dollar forward transactions. This move follows recent currency volat...

The total currency put in circulation by the RBI has also more than doubled to over Rs 19.3 lakh crore -- from a low of about Rs 8.9 lakh c...

An official of a big private sector bank on the condition of anonymity said that cash shortage is there in the system, however, the bank ha...

Asking whether the printing of the Rs 2,000 notes has been stopped, the Lok Sabha member said: "the government should not hide facts from t...

The Finance Minister Arun Jaitley has acknowledged the cash crunch situation and blamed ‘sudden and unusual increase’ in cash withdrawal fo...

A larger number of ATMs went dry for a second consecutive day on Tuesday in many cities.

With every passing day, the number of circulars from the government or the Reserve Bank kept on rising that led to confusion among bankers ...

As Modi's 50-day deadline draws near, there is a growing consensus among bankers that the restrictions on withdrawal would have to continue

As of now an individual can withdraw upto Rs 24000 from branches in a week which includes withdrawal of Rs 2500 from ATMs in a day.

Banks are mulling engaging retired employees to deal with the unprecedented rush for exchange of invalid currency notes and ease pressure o...

Bank of Korea said that local banks will have their first chance to utilize a currency swap deal with the US Federal Reserve aimed at allev...

Once the global credit crunch eases Asia will see the return of the large capital inflows which put the squeeze on their economies, a senio...