The Reserve Bank of India (RBI) has now allowed small finance banks (SFBs) to offer pre-sanctioned credit lines via UPI ...

The current surge in gold prices comes amidst concerns of a potential global trade conflict following US President Donald ...

The federal agency booked Jain in a money laundering case linked to alleged hawala dealings and arrested him in May 2022.

New India Co-Operative Bank collapsed in Mumbai today. RBI barred the bank from offering new loans, and deposits. Depositors ...

World's Best Companies by TIME Magazine is an annual list that summarizes the best companies from around the world.

RBI is India’s central bank, responsible for monetary policy, financial stability, and supervision of banks, rather than conducting commercial banking activities. No Public Transactions: Unlike ...

Of these, two non-banking financial companies (NBFCs) have surrendered their CoR as they have exited from the non-banking ...

The RBI has doubled the quantum of government securities it aims to purchase Rs to 400 billion rupees ($4.61 billion) on a ...

However, RBI stated that the bank is allowed to set off loans against deposits subject to the conditions stated in the ...

On February 13, the RBI had restricted New India Co-operative bank from doing fresh business and accepting deposits, citing ...

MUMBAI: India’s foreign exchange reserves rose for a third straight week to more than a one-month high of $638.26 billion as ...

The Reserve Bank of India will step up its liquidity infusion and inject over $16 billion next week into the banking system, ...