RBI proposes UPI payments facility for inbound travellers

Reserve Bank of India said it has proposed to permit all inbound travellers to India to use UPI for their...

RBI MPC raises repo rate by 25 bps to 6.5 pc

Four out of six members of MPC have decided to go ahead with this hike in rate, RBI Governor Shaktikanta Das said...

Indian stocks start fresh week in red; Adani Ports gains

Indian stock markets started the fresh week on a subdued note and lost nearly half a percentage point

Expect RBI to pause repo rate hike in February: SBI Research

SBI Research, in a report published moments before the RBI meeting started, said India's central bank is expected to...

Banking sector remains resilient, stable: RBI

The central bank said it remains vigilant and continues to monitor the stability of the Indian banking sector.

Paul Merchants partners with Care Health Insurance

Chandigarh [India], February 1 (ANI/PRNewswire): Paul Merchants, a fast-growing NBFC based in Chandigarh, has...

India's 2023-24 GDP growth in real terms projected at 6.5 pc

The Economic Survey document said the growth projection is broadly comparable to the estimates provided by...

G20 International Financial Architecture Working Group meeting

The meeting will be inaugurated by Union agriculture minister Narendra Singh Tomar and food processing industries...

India's forex reserves hit about six-month high

India's foreign exchange reserves rose by whopping USD 1.727 billion to USD 573.727 billion in the week ending on...

RBI slaps Rs 26-lakh penalty on Nutan Nagarik Sahakari Bank

This action of the central bank is based on a deficiency in regulatory compliance and is not intended to pronounce...

RBI directs SBM Bank (India) to stop remittance transactions

The Reserve Bank of India has directed SBM Bank (India) Ltd to stop all transactions under Liberalised Remittance...

India's forex reserves rose over USD 10 bln to hit 5-month high

India's foreign exchange reserves rose by USD whopping USD 10.417 billion to USD 572.0 billion in the week ending on...