Given the sharp and continuous depreciation of the rupee, the RBI had to sell dollars and buy rupees in the spot market. By ...

The RBI Act and actual RBI-government relations may explain why former governor Shaktikanta Das’s appointment as a top ...

Bank depositors are covered by the DICGC's insurance scheme up to Rs 5 lakh per account. Strategically distributing deposits ...

After ending at 23,658 on Monday, the 50-stock index turned green in YTD by quoting above 23,644, Nifty's close on 31 ...

When customers of banks visit other bank's ATM, they might experience higher costs when using other ATMs above prescribed ...

RBI has proposed that banks and NBFCs must not ... said 3-5% of their affiliated units seek foreclosures. He explained that an small and medium enterprise (SME) opts for foreclosure to move ...

The RBI recently allowed the co-operative bank from withdrawals of up to Rs 25,000 per depositor. As per the RBI guidelines, urban co-operative lenders will have to ensure at least 50 per cent small ...

Are banks open today on Saturday? Some Saturdays are working days, while others are holidays. But why are banks closed on the ...

MUMBAI: Within days of the fiasco at Indusind Bank’s forex derivatives imploding with a Rs 2,000-crore likely hit on its ...

RBL’s Jaideep Iyer expects the durable liquidity to be consistently higher from the beginning of the net financial year.

Citing statistics, he noted that complaints filed under RBI’s Integrated Ombudsman Scheme have grown at a compound annual ...