Any FPI investing in breach of the prescribed limit has the option of divesting their holdings or reclassifying such holdings ...

Economists predict that the Reserve Bank of India may postpone a rate cut until February. This delay is attributed to ...

KYC is a process that involves providing proof of identity and address to open or maintain a bank account. KYC guidelines are ...

The RBI has recently provided clarification regarding the process designed to assist citizens who still hold Rs 2,000 notes.

The Reserve Bank of India (RBI) has, by an order dated November 08, 2024, imposed a monetary penalty of ?59.20 lakh (Rupees Fifty-Nine Lakh and Twenty Thousand only) on South Indian Bank Limited (the ...

One fine day, Bangalore-based M Ramachandran (name changed), a senior citizen who retired as an official from Reserve Bank of India (RBI), found his account in State Bank of India (SBI) frozen for ...

A depreciating yuan will lower the cost of Chinese goods, potentially leading to more imports and further widening India's ...

“The terms may be altered by the bank, but sufficient notice of the change shall be given to the cardholder to enable him to ...

In contrast, personal loans grew at 11.4% in September, the slowest in almost four years as banks went slow after RBI raised ...

A likely intervention from the Reserve Bank of India (RBI) kept it from falling further, the report cited traders as saying. However, a Bloomberg report said that the RBI was ready to let the rupee ...

With the current RBI-announced redemption price of ₹7,788 per unit, those who purchased at the original issue price of ₹2,901 ...