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

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

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

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, ...

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

The panel suggests setting up of a shared infrastructure by all the regulated entities to democratise access to data and ...

By issuing its latest directive, the RBI has reinforced that all communications to customers, including written ...

RBI Governor Sanjay Malhotra announced that India's forex reserves have reached an 11-month high relative to merchandise ...

New Delhi [India], August 13 (ANI): The Reserve Bank of India (RBI) is unlikely to cut interest rates in its October policy ...