India central bank's actions spur volatility, boost option volumes
The Indian rupee has seen an increase in volatility after the central bank's unexpected and aggressive intervention in the ...
Indian central bank approves Temasek unit to raise stake in AU Small Finance Bank
The Reserve Bank of India has given its approval to a Temasek unit to raise its stake in AU Small Finance Bank to up to 7%, ...
Currency in circulation up 0.90% on weekly basis
The Reserve Bank of India (RBI) has reported that currency in circulation rose 0.90% on the week to stand at Rs 36.36 lakh crore as on February 7, 2025. The central bank stated further that the ...
Kotak Mahindra Bank shares set to rally as brokerages cheer RBI's digital nod
Kotak Bank received positive response from brokerages after RBI removed curbs on its digital banking business. Morgan Stanley ...
RBI lifts restrictions on Kotak Mahindra Bank, allows new customer onboarding
The Reserve Bank of India (RBI) has removed the regulatory restrictions imposed on Kotak Mahindra Bank, including ...
EconoTimes21h
Reserve Bank of India Injects Record $28.85 Billion to Stabilize Rupee and Boost Liquidity
The Reserve Bank of India (RBI) is set to infuse a record 2.50 trillion rupees ($28.85 billion) into the banking system ...
Lower EMI for home loan borrowers of Canara Bank, PNB, Union Bank and others as these banks cut repo linked lending rates
The RBI decreased the repo rate by 25 basis points to 6.25%, leading many banks like Canara Bank, PNB, and Union Bank of ...
RBI to issue ₹50 denomination bank notes with signature of new Governor Malhotra
The Reserve Bank of India will shortly issue ₹50 denomination bank notes in Mahatma Gandhi (new) Series bearing the signature ...
RBI's surprise, outsized intervention eases bearish bias on rupee
RBI intervention helped the rupee rebound to 86.47 per U.S. dollar on Wednesday from an all-time low of 87.95 early on Monday ...
Different types of credit scores: What they mean and how to read them
Credit scores are vital in India for determining loan eligibility and interest rates. Knowing how to interpret these scores ...
Factbox-India's central bank begins unwinding curbs on NBFCs and banks
The Reserve Bank of India has started to ease curbs on non-banking financial companies (NBFCs) and banks after they improved ...
money.rediff18h
RBI Lifts Curbs on Kotak Mahindra Bank: Credit Card Issuance Resumes
The Reserve Bank of India has lifted restrictions on Kotak Mahindra Bank, allowing it to resume onboarding new customers and ...