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

RBI is considering lowering risk weights on auto loans from the current 100% to ease financing and boost the auto sector. An internal study is underway after FADA urged a review of repo rate cut ...

India's retail inflation rate dropped to its lowest level in eight years, as falling food prices, especially vegetables and ...

In 1944, Netaji Subhas Chandra Bose established the Azad Hind Bank in Rangoon to fund India’s liberation, raising huge ...

Amid growing interest in rupee-rouble transactions, the Reserve Bank of India has simplified rupee trade settlements with ...

Banks in India will soon have to figure out how to walk the fine line between effective usage of artificial intelligence (AI) ...

The Reserve Bank of India (RBI) has permitted persons resident outside India holding Special Rupee Vostro Accounts (SRVAs) to ...

Despite headline noise from US tariffs and mixed earnings, India’s structural growth pillars — credit expansion, services ...

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

The Reserve Bank of India (RBI) has drafted norms on foreign exchange guarantee which say that an Indian citizen cannot act as a surety, principal debtor, or creditor for a guarantee involving current ...

RBI Governor warns UPI transactions can't remain free forever, highlighting rising costs and possible future charges, while ...