New India Co-Operative Bank collapsed in Mumbai today. RBI barred the bank from offering new loans, and deposits. Depositors ...

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RBI is India’s central bank, responsible for monetary policy, financial stability, and supervision of banks, rather than conducting commercial banking activities. No Public Transactions: Unlike ...

The RBI has doubled the quantum of government securities it aims to purchase Rs to 400 billion rupees ($4.61 billion) on a ...

However, RBI stated that the bank is allowed to set off loans against deposits subject to the conditions stated in the ...

On February 13, the RBI had restricted New India Co-operative bank from doing fresh business and accepting deposits, citing ...

MUMBAI: India’s foreign exchange reserves rose for a third straight week to more than a one-month high of $638.26 billion as ...

India's foreign exchange reserves grew by $7.6 billion to reach $638 billion as of February 7, 2025. Gold reserves saw a $1.3 ...

India's central bank said on Friday it has taken control of the board of New India Co-operative Bank for 12 months, a day ...

The agency banking model has gained traction in Nigeria due to its ability to offer convenience through proximity and ...

This USD/INR forecast explains what to expect now that the RBI has implemented foreign exchange rate interventions ...

Discover the details of the 8th Pay Commission, including the proposed 100% pay hike and when it might be implemented. What ...