RBI directs banks to report unauthorised forex trading to ED

The Reserve Bank of India (RBI) has issued a directive to banks regarding instances of unauthorized forex trading...

RBI bars Kotak Mahindra Bank from onboarding new online customers

The Reserve Bank of India (RBI) has directed Kotak Mahindra Bank to cease onboarding new customers through its...

PayU Receives RBI's In-Principle Approval to Operate as a Payment

New Delhi [India], April 24: PayU, one of India's leading digital financial services providers, today announced that...

RBI announces premature redemption price for SGB

According to the Government of India notification dated October 06, 2017, and October 08, 2018, premature redemption...

India's forex exchange reserves decline after seven-week rise

As per the latest data released by the Reserve Bank of India (RBI), the country's foreign exchange kitty declined by...

Crisil expects RBI to initiate repo rate cuts from mid-2024

As the Reserve Bank of India (RBI) maintained the status quo in repo rate for the seventh time this month, rating...

India forex reserves rise for seventh week to reach fresh peak

India's foreign exchange reserves rose for the seventh straight week to hit a fresh all-time high of USD 648.562...

RBI launches new website and mobile application

The new website and mobile application of the Reserve Bank of India (RBI) was released on Friday by Governor...

RBI cancels registration of four non-banking financial companies

Those companies are Uttar Pradesh-based Kundles Motor Finance Private Limited, Tamil Nadu-based Nithya Finance...

Rise of South-Facing Plots in Tamil Nadu's Real Estate Market

Chennai (Tamil Nadu) [India], April 2: The cardinal directions of the compass - North, East, West, and South - hold...

'With AI and blockchain, RBI should study new banking structure'

Speaking at the 90th-anniversary celebration of the Reserve Bank of India (RBI), Prime Minister Narendra Modi on...

PM Modi praises RBI's 90-year milestone

According to a PM office press release, Prime Minister Modi unveiled a commemorative coin and applauded the...