London's climate week saw an event on extreme heat cancelled due to the venue being too hot, highlighting the urgent reality of global warm...

The Reserve Bank of India has firmly rejected requests for special exemptions from concentration norms for government-owned NBFCs, emphasiz...

Facing vehicle repossession in India? Understand your rights: lenders can't seize your vehicle after just one or two missed EMIs without du...

Indian banks are bolstering cybersecurity with a four-pillar strategy against advanced AI threats. Focusing on code and identity protection...

Axis Bank successfully raised $800 million through a dual tranche dollar bond, tapping into the Reserve Bank of India's concessional swap f...

Indian banks can now lend against FCNR(B) deposits, with the RBI offering forex swaps only on the principal amount. This move aims to attra...

Indian banks can now offer loans to non-residents and issue standby letters of credit against FCNR(B) deposits under a new RBI swap facilit...

The Central Bureau of Investigation (CBI) has arrested Pankaj Aggarwal, IAS on Monday who was the then Principal Secretary in Department of...

RBI Governor Sanjay Malhotra lauded MSMEs as crucial for India's growth, highlighting their role in entrepreneurship and employment. He not...

Indian banks are seeking clarity from the RBI on allowing overseas branches to lend to non-residents for FCNR(B) deposits. Some lenders, li...

India's crypto sector faces a new crisis as the Enforcement Directorate probes four firms for unauthorized foreign money transfers using di...

The Reserve Bank of India has revamped the Lead Bank Scheme to boost district-level credit planning and financial inclusion. New guidelines...

Major Indian banks, including SBI, Axis Bank, and Bank of Baroda, alongside Power Finance Corporation, are set to raise over $2 billion fro...

To incentivise foreign currency inflows, the Reserve Bank of India will swap fresh dollar term deposits raised until end-September at par. ...

The Indian rupee's upward surge encounters some obstacles. As the Reserve Bank of India gradually dissolves a hefty foreign exchange forwar...

HDFC Bank has successfully raised $750 million in offshore bonds, marking the first to leverage the RBI's 1.5% fixed-rate swap for external...

HDFC Bank has successfully raised $750 million through dollar bonds. This move capitalizes on the Reserve Bank of India's subsidized hedgin...