Delhi HC seeks RBI stand on PIL for uniform banking code

A Public Interest Litigation (PIL) seeks direction to implement a Uniform Banking Code for foreign exchange...

Bank of Baroda expects 25-35 bps rate hike from RBI policy meet

The Reserve Bank of India's three-day monetary policy committee meeting commences today. Financial markets will be...

RBI monetary policy meet to start today; all eyes on rate stance

The Reserve Bank of India's three-day monetary policy committee meeting is set to commence today. Financial...

SBI raises Rs 10,000 cr through its maiden infra bond

In a regulatory filing to the stock exchanges, the banking major said this was the largest single infrastructure...

India's forex reserves rise for third straight week

India's foreign exchange reserves during the week that ended on November 25 rose by USD 2.89 billion to USD 550.14...

'Robust benchmarks critical for stability of the financial system

T Rabi Sankar said financial benchmarks, used as reference for pricing, valuation and settlement of financial...

RBI launches retail digital rupee on pilot basis

The digital rupee would offer features of physical cash like trust, safety and settlement finality.

Central Bank of India appoints new executive director

Malladi Venkat Murali Krishna has been appointed executive director of the bank for a period of three years from his...

RBI, FSA of Japan exchange letters of cooperation

The letters confirm the interest of both jurisdictions in enhancing cooperation in line with their respective laws...

Biocon subsidiary completes acquisition of Viatris for USD 3 bn

According to a statement by the pharma company, Biocon Biologics and Viatris have obtained all applicable approvals...

Union Minister Sonowal inaugurates SBI's RBO in Tinsukia

Union Minister of Ports, Shipping and Waterways and Ayush Sarbananda Sonowal on Tuesday inaugurated the regional...

RBI imposes Rs 50-lakh fine on Bharat Co-operative Bank

The central bank said this penalty had been imposed in exercise of powers vested in RBI conferred under Banking...