FCNR interest rates: The Indian government will now cover hedging costs for fresh 3 to 5-year FCNR(B) deposits until September 30, 2026. Th...

Edelweiss Asset Reconstruction Company is thrilled to announce Arun Mehta's appointment as CEO, following an extensive search process by Ko...

Life Insurance Corporation of India is working with regulators like the Reserve Bank and Sebi. This is to increase long-term investment opt...

The Reserve Bank of India will soon release an updated list of upper-layer non-banking financial companies. This comes as Tata Sons has req...

The Reserve Bank of India has recognized Sahamati as the Self-Regulatory Organisation for the Account Aggregator ecosystem. This move forma...

The Reserve Bank of India has taken action against Canara Bank, slapping a substantial Rs 41.8 lakh fine for failing to comply with Know Yo...

With the looming cybersecurity risks posed by the Mythos platform, the Reserve Bank of India is taking significant precautions. They've alr...

The Reserve Bank of India is ready for cyber threats from the Mythos platform. Advisories have been sent to financial entities. The RBI is ...

The Reserve Bank of India permits banks to offer different interest rates on deposits. These rates must be transparent and follow specific ...

India's central bank is fully prepared for Anthropic's advanced AI model, Mythos, despite awaiting final project details. Advisories have b...

The Reserve Bank of India will let the rupee's value be set by the market. It will only step in if trading becomes too unstable. Simultaneo...

The Reserve Bank of India has introduced new measures to draw foreign investment. These steps aim to boost the country's finances and suppo...

Myntra's foreign exchange violation probe has concluded after the RBI issued a compounding order. The Enforcement Directorate gave its no o...

The Reserve Bank of India has closed an Enforcement Directorate investigation into Myntra Designs Private Limited. This action follows the ...

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

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

Insurers will soon be able to undertake repo and government securities lending transactions. The insurance regulator is developing an opera...