News

India's central bank on Friday reduced the mandated portion of lending that small finance banks have to extend to priority ...
India's central bank said on Thursday it would require lenders to set aside 1% of the value of loans for under-construction ...
The Indian rupee’s decline against the dollar is pushing it closer to a critical threshold, raising expectations that the ...
India’s central bank digital currency (CBDC)—is issued in the same denominations as coins and bank notes. Users may transact ...
There’s been a flurry of activity by central banks around the world, including the all-important US Federal Reserve. Mint ...
India’s rate-setters opted for a larger-than-expected interest rate cut to spur demand, while adjusting the policy stance to ...
The Reserve Bank of India (RBI) has introduced harmonized norms for project financing across banks and NBFCs, effective ...
India ranks second globally in annual gold consumption, just behind China, and consistently imports between 700 and 900 ...
Members of the Reserve Bank of India's Monetary Policy Committee voted 5-1 in favour of an unexpected 50-basis point (bps) ...
The RBI move allows interest and principal to be traded separately, thus boosting liquidity and widening the investor base ...
The Reserve Bank of India (RBI) has increased the agency commission for banks conducting government business such as revenue ...
Good news for home loan borrowers as Reserve Bank of India cuts repo rate. This move lowers home loan interest rates.