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

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

The Indian rupee's trajectory will depend on developments around U.S. tariffs and the Reserve Bank of India's response if the ...

A committee set up by the Reserve Bank of India has released a report proposing a framework for the responsible and ethical ...

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

The Reserve Bank of India (RBI) on Thursday announced the results of the underwriting auction conducted for Additional ...

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

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 ...

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

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

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

Under the new system, each cheque will contain the ‘Item Expiry Time’ which indicates the latest time by which confirmation for the presented instrument needs to be provided by the drawee bank.