RBI buys 73 tonnes of gold in 2024, diversifying reserves. India’s gold stock is now at 876.18 tonnes, with $70.89B in value.

The central bank has been shoring up its gold reserves, cushioning the rupee against currency volatility and fuelling ...

More than a lakh depositors and cooperative housing societies are affected as New India Cooperative Bank is put under ...

RBI imposes penalties on Nainital Bank, Ujjivan Small Finance Bank, and Shriram Finance for regulatory non-compliance.

This comes after the RBI heavily intervened in the foreign exchange market during the week on February 10 and 11, making the ...

The penalties are based on deficiencies in regulatory compliance and are not intended to pronounce upon the validity of any ...

The Reserve Bank of India will step up its liquidity infusion and inject over $16 billion next week into the banking system, ...

The Reserve Bank of India (RBI) announced that 20 non-banking financial companies (NBFCs) have surrendered their certificates ...

The Reserve Bank of India (RBI) has imposed strict restrictions on Mumbai-based New India Co-operative Bank, barring it from ...

RBI’s action was necessitated due to certain material concerns emanating from poor governance standards observed in the ...

This is the first major action against a co-operative bank in Maharashtra after the collapse of Punjab and Maharashtra ...

The Indian rupee logged its biggest weekly rise against the dollar in seven months, lifted by the central bank's heavy ...