A working group set up by the Indian central bank has recommended longer operating hours for the interbank money markets, ...

India's central bank has sought the government's approval to remove the cap on foreign banks with so-called vostro accounts ...

The Reserve Bank of India (RBI) has listed six bank holidays for this month according to its state-wise official calendar.

The Reserve Bank of India likely stepped in, via state-run banks, to buy dollars on Friday, five traders said, as the rupee ...

The Reserve Bank of India (RBI) has levied penalties on ICICI Bank, Bank of Baroda, IDBI Bank, and Bank of Maharashtra for ...

Banks will be open on May 3, 2025, as it is the first Saturday of the month. Banks are typically closed on second and fourth ...

Banks in India typically remain closed on the second and fourth Saturdays of each month, in addition to all Sundays. Moreover, regional closures are observed depending on state-specific festivals ...

The Reserve Bank of India also recently lowered the growth forecast for the current fiscal 2025-26 to 6.5 per cent from 6.7 ...

The top two executives at India's IndusInd Bank resigned this week after an external investigation found they were ...

For March 2025, services exports stood at $35.6 billion, reflecting a year-on-year growth of 18.6 percent compared to $30.0 ...

The Reserve Bank of India has directed banks to ensure ATMs dispense Rs 100 or Rs 200 notes to improve public access. By ...

In all cases, the RBI said the penalties are based on deficiencies in regulatory compliance and not intended to pronounce ...