BUSINESS
RBI Revokes License of Yashwant Cooperative Bank
Mumbai, May 19: The Reserve Bank of India (RBI) has revoked the banking license of Yashwant Cooperative Bank as of Tuesday. The central bank stated that the bank…
RBI
HEADLINES
RBI Revokes License of Mumbais Sarvodaya Cooperative Bank Due to Financial Instability
Mumbai, May 13: The Reserve Bank of India (RBI) has revoked the banking license of Sarvodaya Cooperative Bank Limited, located in Mumbai.…
HEADLINES
RBI and ECB Sign Memorandum of Understanding for Enhanced Cooperation
New Delhi, May 11: The Reserve Bank of India (RBI) and the European Central Bank (ECB) have signed a Memorandum of Understanding…
BUSINESS
Indias Foreign Exchange Reserves Rise to $703.3 Billion Amid Middle East Tensions
Mumbai, April 24: According to data released by the Reserve Bank of India (RBI) on Friday, India’s foreign exchange reserves increased by…
BUSINESS
RBI Remains Vigilant Amid West Asia Crisis, Indian Economy Stays Strong: Sanjay Malhotra
New Delhi, April 23: Global economic conditions and investor confidence have weakened due to ongoing conflicts in West Asia, impacting growth and…
INDIA
Indian Rupee Strengthens Against Dollar Ahead of RBI Deadline
New Delhi, April 10: On Friday, the Indian Rupee opened stronger against the US Dollar, gaining nearly 10 paise. This rise is…
BUSINESS
RBI Mandates Two-Factor Authentication for UPI and Card Payments Starting April 1, 2026
New Delhi, March 29: The Reserve Bank of India (RBI) has made two-factor authentication mandatory starting April 1, 2026. This initiative aims…
BUSINESS
RBI Takes Major Step to Curb Rupee Decline and Speculative Trading
New Delhi, March 28: The Reserve Bank of India (RBI) has issued new directives to banks aimed at halting the decline of…
BUSINESS
HDFC Bank Appoints External Legal Firms to Review Atanu Chakrabortys Resignation
Mumbai, March 24: HDFC Bank has announced that its board has approved the appointment of both domestic and international external legal firms…
BUSINESS
RBI Likely to Pause Interest Rate Cuts in February MPC Meeting
New Delhi, February 2: The Reserve Bank of India (RBI) is expected to hold back on further interest rate cuts at its…