All scheduled and non-scheduled banks will observe public holiday on the second and fourth Saturdays, as per the RBI ...

The RBI has made it mandatory for banks to offer fixed interest rates on all personal loans with EMIs. This new regulation ...

Foreign exchange reserves are considered a key indicator of a country's economic health, and it is important to keep them ...

Banks are closed on January 11, 2025, the second Saturday of the month, following RBI regulations. However, digital services ...

Due to cash squeeze in the banking system, the interbank call money rate jumped 55 basis points above RBI’s repurchase rate ...

India's forex reserves hit 10-month low to $634.5 billion after rupee falls to record low of 86.04 against US dollar ...

India's foreign exchange reserves fell for the fifth consecutive week to a 10-month low of $634.59 billion as of Jan. 3, data ...

The Ministry of Electronics and Information and Technology (MeitY) has received offers for 20,000 GPUs to build AI computing ...

Supply chain financing platform KredX has received RBI's final approval to launch a trade receivables discounting system ...

The International Monetary Fund predicts India's growth will average 6.5% over the next few years, while the World Bank estimates 6.7%. Goldman Sachs Group Inc. sees growth of just 6% for the current ...

India's new central bank governor Sanjay Malhotra has initiated a review of the Reserve Bank of India's inflation and growth ...

The Reserve Bank of India has removed restrictions on Asirvad Micro Finance and DMI Finance following satisfactory compliance ...