Any additional room for easing could open up if growth underperforms and the US Fed cuts rates to counter labour market ...

India's central bank said on Tuesday foreign investors may invest the surplus balance in their so-called "vostro" accounts ...

Currently, CTS operates on a batch processing model, with a clearing cycle of up to T+1 days. Under the new framework, RBI will implement Continuous Clearing and Settlement on Realisation. This system ...

The Reserve Bank of India (RBI) has announced that persons resident outside India who hold special rupee vostro accounts for ...

Under the new rule, cheques will be scanned, presented, and cleared continuously during business hours, reducing the clearing ...

Under the new system, each cheque will contain the ‘Item Expiry Time’ which indicates the latest time by which confirmation ...

In simple terms, foreign banks that hold rupees for trade can now invest those funds in Indian government bonds instead of ...

The RBI stated that cheques received by drawee banks between 10 am and 11 am must be confirmed, either positively or ...

RBI unveils FREE-AI framework for responsible adoption of Artificial Intelligence in finance, balancing innovation with ...

From October 4, 2025, the RBI will cut cheque clearance time from up to two days to just a few hours under a new Continuous ...

Shares of One 97 Communications Ltd. surged to the highest level in over three years after its unit received approval from ...