News

India's foreign exchange reserves topped $700 billion last week to hit a 9-month high, which, alongside the central bank's ...
India’s foreign exchange reserves have surged past the $700 billion mark once again, reaching $702.78 billion for the week ...
India’s central bank announced plans to withdraw excess liquidity from the banking system, a move likely aimed at stemming ...
Memani’s remarks were followed up last night by the government announcing that the country’s foreign exchange reserves had ...
The Indian central bank's measured approach to withdrawing banking system liquidity is likely to keep overnight interbank ...
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 ...
Saraswat Co-operative Bank has formally announced its intention to merge with New India Co-operative Bank in a strategic move ...
India’s foreign exchange reserves rose to $702.78 billion for the week ending June 27, reaching the record high set in late ...
Indian bank holidays are determined by the RBI and state governments, including national holidays and regional festivals. Banks observe holidays on the second and fourth Saturdays, but remain open on ...
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 ...