The Reserve Bank of India significantly increased its gold reserves by 57.5 tonnes in FY25 amidst global financial instability and rising gold prices. This acquisition, the second largest since ...

The RBI has imposed monetary penalties on two banks — Indian Bank (₹1.60 crore) and Indian Overseas Bank (₹63.60 lakh) — and a non-banking finance company, Mahindra & Mahindra Financial ...

Sources indicate that the RBI is observing how banks are selling bad loans to ARCs—especially in cases involving large sums of money. There have been instances where ARCs have gone on to recover ...

(Freepik) With banks reducing deposit rates, investing in RBI Floating Rate Savings Bonds is an ideal alternative, especially for senior citizens who depend on stable, regular income. The bonds ...

Early age savings and financial independence empower your child to become money-wise. RBI has issued fresh guidelines for banks regarding the opening and operation of deposit accounts by minors.

The Reserve Bank of India (RBI) bought 57.5 tonnes of gold during the last fiscal, the second-highest purchase in a year since the central bank started accumulating the precious metal in December ...

MUMBAI, April 24 (Reuters) - The decision by India's central bank to cut rates and flood the banking system with cash will do little to immediately boost demand in Asia's third-largest economy as ...

Standard Capital Markets has informed exchanges that it is awaiting approvals from regulatory authorities, including the Reserve Bank of India (RBI), to explore international markets as part of a ...

Inflation is expected to be well aligned to the Reserve Bank of India’s (RBI) target of 4% in the current financial year, helped by cooling crude oil prices, said governor Sanjay Malhotra in the ...

RBI Monetary Policy Committee (MPC), in its April 07-09 meeting, cut repo rates by another 25 bps to 6.00%, on top of 25 bps cut in February. This lowered the SDF rate to 5.75%, and the MSF / Bank ...

The retail inflation is expected to remain well within the Reserve Bank of India’s (RBI) targetted range over the coming year, with food prices easing sharply and global crude oil rates ...

Comprising officials from the Bruhat Bengaluru Mahanagara Palike (BBMP), Bangalore Water Supply and Sewerage Board (BWSSB), Bangalore Development Authority (BDA), Department of Forest, Environment ...