The Reserve Bank of India (RBI) on Monday proposed new regulations for non-banking finance companies (NBFCs) which include seeking prior approval from the central bank for mergers and acquisition wher

To increase its international footprint, state-run Allahabad Bank is mulling over opening overseas branches in four Asian cities, a top official said.

"We have approached RBI for four new branches

The Reserve Bank of India is likely to continue with its tight monetary policy stance to fight inflation and effect another hike in key interest rates in September, even though the global economic env

The Reserve Bank of India (RBI) on Friday said if crude prices continue to fall it will help bring down inflation, but asserted the trend of falling rates is yet to be established.

"If crude oil pri

The Reserve Bank of India (RBI) is expected to continue tightening policy in coming months until inflation peaks, despite increasing uncertainty over a global economic slowdown and an extended period

Urban households expect inflationary pressure to sustain through this fiscal and the first quarter of 2012-13 and feel there may not be any softening of food prices, an Reserve Bank of India (RBI) sur

The government on Tuesday approved the extension of Reserve Bank of India (RBI) Governor D. Subbarao's tenure by two years, which officials said could be because of the need to maintain stability at t

RBI head Duvvuri Subbarao has been given a two-year extension, Harish Khare, Media Adviser to Prime Minister Manmohan Singh told Reuters on Tuesday.

The Reserve Bank of India (RBI) governor was appoi

The Reserve Bank of India (RBI) Monday said the crisis emanating from downgrading of the US sovereign debt rating would have only limited impact on India and highlighted the Indian economy's resilienc

India's central bank is believed to have intervened in the foreign-exchange market on Wednesday to support the dollar against the rupee, Dow Jones Newswires reported, quoting traders.

The reported mo