India's foreign exchange reserves topped $700 billion last week to hit a 9-month high, which, alongside the central bank's ...

India’s central bank announced plans to withdraw excess liquidity from the banking system, a move likely aimed at stemming ...

The Indian central bank's measured approach to withdrawing banking system liquidity is likely to keep overnight interbank ...

Bank lending to the Indian economy may not see a meaningful boost despite the large liquidity surplus in the banking system, ...

The Reserve Bank of India (RBI) has notified an underwriting auction for government securities worth ₹32,000 crore.

An internal committee of the Reserve Bank of India is in favor of retaining the current inflation target in an upcoming government review, according to people familiar with the matter, giving ...

MUMBAI (Reuters) -The immediate incremental impact of an additional 25 basis-point rate cut delivered earlier this month by ...

Saraswat Co-operative Bank has formally announced its intention to merge with New India Co-operative Bank in a strategic move ...

The move follows the bank’s earlier rate cut in June, when it lowered home loan rates from 8.00% to 7.50%, after the Reserve ...

It’s important to note that banks in only one Indian city will observe closure, and the remaining will be operational as ...

An internal Reserve Bank of India committee is likely to recommend maintaining the current inflation target of 4%, with a 2%-6% tolerance band, in the upcoming government review. The panel favors ...