HDFC Bank announced a three-month extension for Keki Mistry as interim part-time chairman. The Reserve Bank of India approved this extensio...

Ukraine is fast-tracking financial reforms to align its banking and insurance sectors with EU standards by 2028, despite ongoing war. Gover...

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...

Europe stands on the brink of a pivotal transformation, launching a set of ambitious reforms aimed at revitalizing its economy and global f...

The Reserve Bank of India is introducing a dollar-rupee swap facility for banks. This move aims to help state-run firms and lenders hedge t...

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 economic "Goldilocks moment" is shifting as the RBI raises its inflation forecast and lowers growth projections due to external sho...

The Reserve Bank of India will maintain its restriction on banks' net open positions. Governor Sanjay Malhotra confirmed no plans exist to ...

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

The RBI’s decision to keep the repo rate unchanged at 5.25% has provided relief to home loan borrowers, but rising inflation could trigger ...

Indian banks face a new era of resilience. RBI Deputy Governor Swaminathan J highlighted the need to manage complex uncertainties from geop...

The RBI's Monetary Policy Committee (MPC) began its three-day meeting on Wednesday, with most economists expecting the central bank to keep...

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

Indian business leaders view the West Asia conflict as a catalyst for long-delayed structural reforms, urging accelerated efforts in energy...

The Reserve Bank of India's deputy governor stated that temporary curbs on banks' currency trading will be lifted soon. These measures were...

The Reserve Bank of India has stated that HDFC Bank's board minutes and records are reviewed as part of its supervision. The central bank r...