The Board of Directors of Ujjivan Small Finance Bank (SFB) on Thursday approved to file an application with the Reserve Bank of India (RBI) for universal bank license, the bank informed exchanges.

Under governor Shaktikanta Das, RBI held the currency within a narrow band. But in the past two weeks the rupee has been allowed to slide more freely. Tight liquidity will not bind the Reserve ...

The RBI will continue its currency market intervention strategy to manage excessive volatility and maintain macro-economic stability. The rupee hit a new low of 86.63 against the dollar amid ...

RBI Dy Governor portfolio reshuffle: The Reserve Bank of India (RBI) announced the portfolio duty rejig of its three remaining deputy governors on Tuesday, January 14, with the retirement of Dr ...

To ease liquidity tightness in the banking system, the Reserve Bank of India (RBI) has decided to conduct daily Variable Rate Repo (VRR) auctions until further notice. The first such auction will ...

The Reserve Bank of India (RBI) was likely selling dollars to support the rupee on Monday (January 12, 2025), after the currency slumped to its all-time low as the dollar surged on expectations ...

(Image/Reuters) As the liquidity deficit deepens further, the Reserve Bank of India (RBI) on Friday conducted its largest variable rate repo (VRR) auction in nearly a year with a notified amount ...

A change in leadership has stoked speculation about the RBI’s exchange-rate policy. While effective in dampening fluctuations, critics say Das’s tight grip on the rupee effectively fixed the ...

The RBI on Monday came out with a master direction consolidating various instructions issued to banks and other financial institutions on reporting of the credit information of their customers.

This makes one wonder: Are citizenship by investment and residency by investment (RBI) programs so easy to exploit? Sadly, the answer is yes. CBI and RBI programs allow individuals to acquire ...

The RBI on Monday came out with a master direction consolidating various instructions issued to banks and other financial institutions on reporting of the credit information of their customers.

It can be noted that after the Q2 shocker where growth slumped to a seven-quarter low of 5.4 per cent, the RBI was forced to scale down its forecast by 60 bps to 6.6 per cent in the December ...