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RBI unveils FREE-AI framework for responsible adoption of Artificial Intelligence in finance, balancing innovation with ...
The RBI will introduce a new mechanism from October 4 for clearance of cheques within hours of being presented to banks ...
Currently, CTS operates on a batch processing model, with a clearing cycle of up to T+1 days. Under the new framework, RBI will implement Continuous Clearing and Settlement on Realisation. This system ...
India's central bank said on Tuesday foreign investors may invest the surplus balance in their so-called "vostro" accounts ...
The RBI stated that cheques received by drawee banks between 10 am and 11 am must be confirmed, either positively or ...
From October 4, 2025, the RBI will cut cheque clearance time from up to two days to just a few hours under a new Continuous ...
RBI report says generative AI can boost banking in India by enhancing customer insights, improving risk management, and cutting costs, with the sector projected to grow sharply by 2033.
In simple terms, foreign banks that hold rupees for trade can now invest those funds in Indian government bonds instead of ...
The Reserve Bank of India (RBI) on Thursday announced the results of the underwriting auction conducted for Additional ...
The Reserve Bank of India (RBI) has announced that persons resident outside India who hold special rupee vostro accounts for ...
The Indian rupee's trajectory will depend on developments around U.S. tariffs and the Reserve Bank of India's response if the ...