Japan's Sumitomo Mitsui Banking Corporation (SMBC) has sought approval from the Reserve Bank of India to acquire an ...

RBI governor Sanjay Malhotra says the central bank's core mandate is to maintain price stability, and it looks at growth as ...

We believe the RBI will deliver a final 25bp rate cut in the December meeting, taking the repo rate to 5.25 per cent by ...

Currently, while foreign investors, including portfolio investors, can own up to 74 per cent in Indian banks, regulations cap a strategic foreign investor’s stake at 15 per cent. However, the RBI can ...

Customers in Uttarakhand will not be able to access in-branch services such as cheque deposits, cash withdrawals, or demand ...

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

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