The Reserve Bank of India and the Bank of Mauritius signed an MoU to promote the use of Indian and Mauritian Rupees for cross-border transactions. This agreement aims to optimize trade costs and ...

have been caught on the wrong foot by the alleged embezzlement of funds at the New India Cooperative Bank and the resultant imposition of the Reserve Bank of India (RBI) curbs on withdrawal.

The Reserve Bank of India has confirmed that IndusInd Bank is financially stable and adequately capitalised. Depositors are ...

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The RBI may slash the benchmark repo rate by 75 bps in 2025, with a 25 bps reduction in the upcoming April, June, and October ...

February 28, 2025 India central bank's FX swap oversubscribed 1.6 times The Reserve Bank of India's longer-term dollar/rupee buy-sell swap witnessed robust demand with the auction drawing bids 1.6 ...