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 ...

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

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

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

AM and 11:00 AM will have to be confirmed positively or negatively by them by 2:00 PM, which is 3 hours from 11:00 AM.

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

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

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 ...

In a significant customer-friendly move, the Reserve Bank of India (RBI) has announced a major overhaul of the cheque ...