South Indian Bank has boosted interest rates on US dollar deposits for Non-Resident Indians to 6.5% per annum for 3-5 year tenures. This mo...

India's foreign exchange reserves saw a dip of nearly $10 billion to $671.63 billion in the week ending June 12, 2026. This decline was pri...

HDFC Bank's interim chairman, Keki Mistry, has received a three-month extension from the RBI until September 18, 2026, easing concerns abou...

The Indian rupee strengthened for the fifth consecutive session, closing at 94.33 against the dollar. This gain to a six-week high was supp...

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

The Reserve Bank of India has granted a three-month extension for Keki Mistry as interim Part-time Chairman of HDFC Bank. This allows the b...

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

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...

Areion Group is seeking Reserve Bank of India approval for its acquisition of Aviom India Housing Finance. The deal, valued at ₹936 crore, ...

HDFC Bank's board meets June 18 to review legal findings on Atanu Chakraborty's concerns. Preliminary reports suggest no governance issues....

India's wholesale inflation is high, driven by fuel and manufacturing costs. However, falling global crude oil prices and a stable rupee of...

The Reserve Bank of India has opened direct equity investment in listed firms to all foreign individuals, expanding beyond NRIs and OCIs. T...

HDFC Bank plans to raise at least $500 million via dollar bonds this week, utilizing the central bank's subsidized hedging window. The five...

The Reserve Bank of India has prohibited third-party incentives to employees of regulated entities, while allowing banks and NBFCs to rewar...

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...

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...