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 ...

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

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

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.

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 ...

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

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