India's central bank on Thursday said it has filed an application with a company tribunal to initiate bankruptcy proceedings ...

The Reserve Bank of India's $5 billion dollar/rupee buy-sell swap auction on Friday is likely to see strong demand from ...

The repo rate is the interest rate at which the RBI lends money to commercial banks when they need funds. When the repo rate ...

The Reserve Bank of India, on Monday, announced a slew of measures to inject liquidity into the banking system. The central ...

The auction was seen as a good opportunity to sell old 10-year bonds and 14-year bonds, which were part of banks’ held to maturity (HTM) book at a profit, said traders.

The Reserve Bank of India said on Monday it has superseded the board of Aviom India Housing Finance due to governance ...

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.

February will have a total of 14 non-working days, including a few state bank closures observing national and regional ...

Surveillance of branches and automated teller machines (ATMs) is not new to the banking industry, however, while they have ...

The Reserve Bank of India has taken action against Aviom India Housing Finance Private Limited by filing for a corporate insolvency resolution process due to governance concerns and payment defaults.

RBI has superseded the board of directors of AVIOM India Housing Finance, citing governance concerns and defaults in meeting ...

India's digital payments have skyrocketed, increasing 94 times in volume and 3.5 times in value over the past decade. A ...