The RBI said it intends to shortly initiate the process of resolution of the company under the Insolvency and Bankruptcy (Insolvency and Liquidation Proceedings of Financial Service Providers and ...

A similar growth trajectory is witnessed in card transactions as well, said the RBI report. During CY2024, there were 447.23 crore and 173.90 crore payment transactions worth of Rs 20.37 lakh ...

Rate-sensitive banks, auto and realty stocks led the surge after the Reserve Bank of India (RBI) announced several measures that will help inject over INR 1 trillion liquidity into the banking ...

The Reserve Bank of India (RBI) has appointed Ram Kumar, the former chief general manager of state-run Punjab National Bank (PNBK.NS), opens new tab, as the administrator for the housing finance ...

This is among the first conversations Governor Sanjay Malhotra, who succeeded Shaktikanta Das in December to lead the Reserve Bank of India (RBI), had with banks that has been made public.

“When Paytm and PhonePe introduced UPI Lite on February 15, 2023, and May 2, 2023, respectively, a sustained increase in UPI Lite payment volumes and values was observed,” the RBI report observes.

MUMBAI (Reuters) - The Reserve Bank of India (RBI) made net purchases of government bonds in the secondary market last week, marking the first such operation in over three years, data released on ...

New Delhi: India's foreign exchange (forex) reserves dropped by 1.888 billion U.S. dollars to 623.983 billion dollars during the week ended on Jan. 17, the Reserve Bank of India (RBI) has said in ...

MUMBAI (Reuters) - The Reserve Bank of India (RBI) made net purchases of government bonds in the secondary market last week, marking the first such operation in over three years, data released on ...