The Reserve Bank of India (RBI) and the Bank of Mauritius (BOM) signed a Memorandum of Understanding (MoU) to establish a framework to promote the use of local currencies for cross-border transactions ...

Prime Minister Narendra Modi said digital innovation continues to strengthen India's financial ecosystem- empowering ...

The Reserve Bank of India has approved a one-year extension for Sumant Kathpalia as CEO of IndusInd Bank, extending his term until March 23, 2026. Kathpalia, who has over 37 years of experience in the ...

SYDNEY—The governor of the Reserve Bank of Australia, Michele Bullock, would have navigated her way to work this week through rain falling across Sydney courtesy of a cyclone menacing Brisbane ...

India's central bank said on Wednesday it will infuse $21 billion in rupee liquidity into the banking system in a bid to ease lending conditions and boost economic growth. The Reserve Bank of ...

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The Reserve Bank of India on Tuesday announced that the risk weights for banks lending to NBFCs has been restored to 100% from 125% earlier from April 1, 2025. India's central bank has also exempted ...

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With bank loan growth slowing over the past year, the Reserve Bank of India (RBI) has decided to reverse its decision to increase the risk weight of bank loans to non-banking financial companies ...

Bank of America (BAC) has revised some of its diversity, equity, and inclusion (DEI) initiatives in response to the changing legal scenario under the Trump administration. In its latest annual ...

Amid cries of deficit liquidity in the banking system and funding crunch for several small lenders, the Reserve Bank of India on Tuesday reduced the risk weights on bank loans to non-banking ...

This announcement comes just over a week after the central bank prohibited ... It has permitted New India Cooperative Bank depositors to withdraw up to Rs 25,000 The withdrawals have been permitted ...