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

The RBI has given in-principle Payment Aggregator licence approval to Paytm, lifting previously imposed merchant onboarding ...

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

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

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

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

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

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.

Generative Artificial Intelligence (AI) has the potential to improve banking operations in India by up to 46 per cent, ...

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

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