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 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...

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...

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...

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...