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

The rally in India's long-duration bonds is faltering due to dwindling demand from banks, insurers and pension funds, coupled ...

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

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

Faster cheque clearance in India. RBI reduces processing time to a few hours with upgraded Cheque Truncation System from ...

Banks will scan the checks received from their customers, send them to the clearing house and then submit them for approval ...

A Reserve Bank of India (RBI) committee on Wednesday submitted a comprehensive report setting out a framework to develop AI ...

India's wholesale inflation fell to -0.58% in July from -0.13% in June, continuing a disinflationary trend despite uneven ...

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

A Reserve Bank of India (RBI) report suggests that Generative AI could boost Indian banking operations by up to 46%. The ...

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

Former RBI Governor Duvvuri Subbarao warns that India could face economic challenges from potential US tariffs and Chinese ...