India’s central bank bought 200 billion rupees ($2.3 billion) of bonds as planned at the first open-market auction in almost four years.

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MobiKwik, a digital wallet player, on Tuesday announced that it has launched a full version of India's Central Bank Digital ...

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(Image/Reuters) HSBC India on Friday said it has received approval from the Reserve Bank of India to open 20 new branches in key cities including Navi Mumbai, Lucknow, Mysuru, Nagpur and Nashik.

HSBC India announced that it has received approval from the Reserve Bank of India (RBI) to open 20 new bank branches in key cities. Image: PTI These cities have been identified for their growing ...

The World Bank attributed the drop in India's growth rate from 8.2 per cent in 2023-24 to 6.5 per cent in the current fiscal year to "a slowdown in investment and weak manufacturing growth".

Reserve Bank of India injected over ₹40,000 crore into the banking system through two operations, addressing a liquidity deficit that breached ₹2 lakh crore. The RBI accepted ₹30,760 crore from ...

MUMBAI: Non-residents will now be able to open rupee accounts in the overseas branches of India-registered authorized dealer banks and conduct cross-border transactions in rupees as the central ...

Despite the sizable shortfall, demand for the RBI’s operations appeared subdued, likely due to recent five-day and 14-day VRR auctions, which had already provided banks with sufficient liquidity.

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