The nod allows the group to hold up to 9.5% stakes in Kotak Mahindra Bank, AU Small Finance Bank, Capital Small Finance Bank.

India forecast annual growth of 6.4% in the year ending in March, the slowest in four years and below the lower end of ...

The Indian rupee is tipped to stay under pressure on Monday with the U.S. dollar holding near a two-year peak, while traders ...

A former Reserve Bank of India official said the authority should ease its tight grip on the rupee, a view that comes amid ...

The Indian rupee weakened 14 paisa on Wednesday to close at a record low of 85.845/$1, amid strong US economic data and ...

India’s consumer price index (CPI) should be revised on the basis of the latest survey of household consumption expenditure.

In 2022, the RBI updated regulations for MFIs, which now apply to all entities in the sector, including banks, small finance ...

RBI stated today that in terms of Section 29, read with Section 56 of the Banking Regulation Act, 1949, co-operative banks are required to prepare a balance sheet and profit and loss account as on the ...

According to the report, India stands at the second position in terms of addition to its gold reserve in 2024, behind Poland ...

India's central bank said on Wednesday it has removed restrictions imposed on non-banking financial companies (NBFCs), Asirvad Micro Finance and DMI Finance, against any fresh loan ...

In November 2024, central banks added 53 tonnes of gold, led by the Reserve Bank of India with 8 tonnes, amid global economic ...

India's economy projected to grow at 6.4% in 2024-25, down from 8.2% in 2023-24, as per the Ministry of Statistics. The ...