It can be recalled that in March 1991, India's forex reserves collapsed to $5.8 billion against a foreign debt of about $72 ...

The list of holidays in banks is drawn up annually by the RBI under the Negotiable Instruments Act, which governs the use of ...

Bank Holidays Between August 18-25, banking operations in some parts of the country will remain suspended due to ...

Only 1.69 per cent of the ₹2,000 banknotes remain to be returned to the Reserve Bank of India (RBI) as of July 31, Union ...

The comptroller and auditor general of India (CAG) has raised serious concerns over the management of the Union government’s ...

Uncertainties surrounding U.S. trade policy continue to cast a shadow over the Indian economy’s outlook.

An internal working group of the Reserve Bank of India has suggested keeping the overnight weighted average call money rate ...

India's central bank said on Tuesday foreign investors may invest the surplus balance in their so-called "vostro" accounts ...

Federal Bank Gets RBI Nod to Collect Maharashtra Govt Receipts Through GRAS Portal for Easy Tax & Fee Payments ...

The Reserve Bank of India (RBI) has permitted persons resident outside India holding Special Rupee Vostro Accounts (SRVAs) to ...