For the year 2024, Poland has emerged as the largest net buyer, adding 90t of gold to its reserves, followed by Turkey (75t) and India (73t). On the other hand, the Reserve Bank of India (RBI ...

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 ...

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 govt should step in and help us." The Reserve Bank of India (RBI) has appointed Shreekant, former chief general manager of State Bank of India (SBI) as ‘Administrator' to manage the affairs ...

MUMBAI, March 3 (Reuters) - The Reserve Bank of India's record short U.S. dollar forward position, built over months to support the rupee amid equity outflows and U.S. trade policy worries ...

People have gathered outside Mumbai-based New India Co-operative Bank as the Reserve Bank of India (RBI) has issued a notice to the Bank imposing restrictions, which prohibits it from issuing new ...

India's central bank said on Wednesday it will infuse $21 billion in rupee liquidity into the banking system in a bid to ease lending conditions and boost economic growth. The Reserve Bank of ...

The Reserve Bank of India's (RBI) restrictions on New India Co-operative Bank, located in Bandra, Mumbai, have triggered panic among customers, who are now unable to access their deposits.

A day after the Reserve Bank of India (RBI) imposed restrictions on the New India Co-operative Bank due to supervisory concerns, the central bank today superseded the Board of Directors of the ...

The police move comes a day after the Mumbai based-New India Cooperative Bank’s board was superseded by the Reserve Bank of India (RBI) for lack of liquidity. The RBI on Friday superseded the ...

PTI Depositors of New India Co-operative Bank were seen queuing up outside its Mumbai branch to withdraw funds from their deposit accounts after the Reserve Bank of India (RBI) superseded the bank ...

“Neither the bank nor the Reserve Bank of India have provided any clarification about our deposits. We want action to be initiated against the bank for the fraud committed.” ...