India’s central bank is stepping up efforts to manage the banking system’s surplus cash. On Tuesday, the Reserve Bank of India (RBI) announced that it will conduct a two-day variable rate reverse repo ...

Extensive information about the Reserve Bank of India - including the latest speeches and publications.

The Reserve Bank of India (RBI) has expressed confidence in aligning headline inflation with its target of 4.0 per cent over a 12-month horizon, supported by easing food prices and favourable economic ...

Reserve Bank cuts OCR to 3.25% and indicates there may be one more cut this year - bank economists may have expected and hoped for more; RBNZ's GDP forecasts for this year cut ...

Reserve Bank of India has approved a dividend of Rs 2.69 lakh crore for fiscal year 2025. This will help the central government reduce its fiscal deficit. The contingency risk buffer has also been ...

The Reserve Bank of India has given "in-principle" approval to Emirates NBD Bank PJSC to set up a wholly owned unit in India, the central bank said on Monday. Emirates NBD, Dubai's biggest bank by ...

Tokyo-based Sumitomo Mitsui Banking Corp. (SMBC) has agreed to buy a 20% stake in India’s Yes Bank for 135 billion rupees ($1.6 billion) as the Japanese lender deepens its presence in the world ...

Mumbai: The Reserve Bank on Friday said it has imposed penalties on five lenders, including ICICI Bank, Bank of Baroda, and Axis Bank, over deficiencies in certain regulatory compliances.

With the US dollar losing its sheen as the world’s most trusted reserve currency, central banks across the world have been on a gold buying spree. The Reserve Bank is in the forefront as the ...

The Reserve Bank of India (RBI) has appointed Indranil Bhattacharyya as Executive Director (ED), effective March 19, 2025, the banking regulator said in a statement.

The Reserve Bank of India has confirmed that IndusInd Bank is financially stable and adequately capitalised. Depositors are advised not to react to speculation concerning the bank's foreign ...

According to the report by the World Gold Council, the Reserve Bank of India (RBI) purchased an additional 8 tons of gold in November 2024.