A working group set up by the Indian central bank has recommended longer operating hours for the interbank money markets, ...

The Reserve Bank of India (RBI) has listed six bank holidays for this month according to its state-wise official calendar.

The Reserve Bank of India likely stepped in, via state-run banks, to buy dollars on Friday, five traders said, as the rupee ...

India's central bank deputy governor Poonam Gupta has been assigned the monetary policy, financial market operations and ...

The Reserve Bank of India (RBI) has levied penalties on ICICI Bank, Bank of Baroda, IDBI Bank, and Bank of Maharashtra for ...

Banks in India typically remain closed on the second and fourth Saturdays of each month, in addition to all Sundays. Moreover, regional closures are observed depending on state-specific festivals ...

Banks will be open on May 3, 2025, as it is the first Saturday of the month. Banks are typically closed on second and fourth ...

MUMBAI (Reuters) -India has room for more rate cuts, given the declining inflation and elevated uncertainties around growth, ...

The Reserve Bank of India's plan to buy 1.25 trillion rupees ($14.66 billion) of bonds in May will likely lower the cost of ...

The Reserve Bank of India also recently lowered the growth forecast for the current fiscal 2025-26 to 6.5 per cent from 6.7 ...

The Reserve Bank of India (RBI) has issued final guidelines under the Basel III Liquidity Coverage Ratio (LCR) framework, ...

In all cases, the RBI said the penalties are based on deficiencies in regulatory compliance and not intended to pronounce ...