The Reserve Bank of India has decided to rope in a third-party consultancy firm to help it incorporate global best practices in its supervisory role and prepare the risk ratings for various banks in t

India's foreign exchange (forex) reserves rose by $758.3 million to $295.36 billion for the week ended April 27, official data showed. Forex reserves had risen by $1.46 billion to $294.60 billion in t

India's foreign exchange (forex) reserves rose by $758.3 million to $295.36 billion for the week ended April 27, official data showed. Forex reserves had risen by $1.46 billion to $294.60 billion in t

The Reserve Bank has sounded an alert on frauds being perpetrated by men who impersonate as employees of the apex bank via emails.

It has come to the Bank’s notice that many residents have been getti

The Reserve Bank of India (RBI) on Tuesday cut some key rates by 50 basis points in a bid to push industrial growth and stimulate economy - a move that may also see interest rates falling on housing,

Concerned over spurt in gold imports, RBI on Tuesday asked banks to reduce exposure to NBFCs giving loan against the precious metal and has set up a working group to suggest ways to deal with the issu

Car makers are hoping that bank will reduce interest rates on car loans following the RBI's cut on lending rates as the industry looks forward to overcome slow growth witnessed last fiscal.

Describi

The union government plans to raise 3.7 trillion rupees through bond sales during April-September, in line with market expectations, but dealers expect yields to rise on back of heavy weekly supplies.

To ease liquidity situation, the Reserve Bank on Friday slashed CRR -- the portion of deposits banks are required to keep with the central bank -- by 0.75 percentage points, a step that will infuse Rs

The Reserve Bank will shortly issue banknotes of Rs. 10 denomination with inset letter 'P' in the Mahatma Gandhi series.

"The RBI will shortly issue Rs. 10 denomination banknotes with inset letter 'P