Faced with RBI audit, IIFL Finance delays earnings release

In early March this year, RBI directed IIFL Finance to stop sanctioning or disbursing gold loans or assigning,...

India’s forex kitty jumps third week to hit fresh lifetime high

India's foreign exchange reserves rose for the third straight week, by USD 4.549 billion to USD 648.700 billion in...

RBI approves dividend of Rs 2.11 lakh crore to government

The Reserve Bank of India (RBI) board approved the transfer of Rs 2,10,874 crore as surplus to the Central...

RBI cautions retail investors against investing in cryptocurrenci

RBI yet again urged retail investors to be more cautious while investing in cryptocurrencies, and noted that the...

RBI warns NBFCs: Avoid algorithm-based credit

Addressing a conference of heads of assurance of NBFCs held in Mumbai, Swaminathan J, Deputy Governor, RBI said that...

There will be two policy rate cuts by the RBI this fiscal: CRISIL

CRISIL's outlook on near term interest rate, expects two rate cuts by Reserve Bank of India (RBI) this fiscal. The...

Monsoon holds key for RBI’s future monetary policy actions

As parts of India witness heatwaves this summer, chances of Reserve Bank of India (RBI) cutting key interest...

RBI likely to transfer Rs 1 trillion to government in FY25

The Reserve Bank of India (RBI) is likely to transfer approximately Rs 1000 billion to the government IN FY25...

REC gets RBI nod to set up subsidiary in GIFT City, Gujarat

REC Limited, a non-banking financial company, has received a No Objection Certificate (NOC) from Reserve Bank of...

RBI lays out criteria for conversion of Small Finance Banks to Un

The Reserve Bank of India (RBI) has set out certain provisions fulfilling which Small Finance Banks (SFBs) can...

RBI cautions public against using unauthorised prepaid payment

The Reserve Bank of India (RBI) cautioned the public against using websites or applications, and parting with their...

RBI cautions public against using unauthorised payment entities

The Reserve Bank of India (RBI) has urged the public to exercise utmost caution while using websites or...