While answering an unstarred question in Rajya Sabha, the Minister of State (MoS), Ministry of Finance, Pankaj Chaudhary, said, "The process of complaint resolution is being streamlined through revision in the Reserve Bank-Integrated Ombudsman Scheme."
Payments and banking platform Razorpay for Businesses on Tuesday announced that it has secured the Payment Aggregator - Cross Border (PA-CB) license from the Reserve Bank of India (RBI).
The Reserve Bank of India (RBI) is expected to maintain the repo rate at 5.50 per cent in its upcoming monetary policy announcement on Friday, according to a report by Bank of Baroda.
The Supreme Court on Monday issued strong directions in the suo moto (self-initiated) case with regard to 'digital-arrests' committed by cyber criminals and fraudsters across the country.
As the Reserve Bank of India's Monetary Policy Committee (MPC) prepares to announce its policy decision this week, the industry and economists remain divided on what the central bank will do.
The Reserve Bank of India (RBI) may keep the repo rate unchanged at its upcoming December monetary policy review meeting, given that the country's economy reported strong 8.2 per cent GDP growth in the July-September quarter.
India's foreign exchange reserves declined by USD 4.472 billion in the week that ended November 21 to USD 688.104 billion, driven by a slump in both foreign currency assets and gold reserves, the Reserve Bank of India's latest 'Weekly Statistical Supplement' data showed.
Reserve Bank of India (RBI) Deputy Governor Swaminathan J said that microfinance, when delivered responsibly, can become a driver of broad-based economic progress and play a pivotal role in advancing India's journey towards Viksit Bharat 2047.
India's banking system continues to exhibit strong and predictable seasonal rhythms, with the financial year-end emerging as the most influential driver of banking activity, according to the Reserve Bank of India's latest bulletin.
India's merchandise trade deficit widened to an all-time high of $41.7 billion in October 2025, driven by a sharp increase in gold and silver imports and a renewed contraction in exports, according to the Reserve Bank of India's (RBI) State of the Economy report in the November 2025 Bulletin
Financial regulation carries far greater complexity and consequence than regulatory frameworks in most other sectors as it not only protects individual customers but also safeguards systemic stability, stated Reserve Bank of India (RBI) Governor Sanjay Malhotra.