India's central bank said on Tuesday foreign investors may invest the surplus balance in their so-called "vostro" accounts ...

Shares of One 97 Communications Ltd. surged to the highest level in over three years after its unit received approval from ...

The Indian rupee's trajectory will depend on developments around U.S. tariffs and the Reserve Bank of India's response if the ...

A $5 billion dollar/rupee swap by the RBI matured that week, with bankers saying the central bank delivered the swap, a move ...

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 ...

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 ...

The RBI stated that cheques received by drawee banks between 10 am and 11 am must be confirmed, either positively or ...

Under the new rule, cheques will be scanned, presented, and cleared continuously during business hours, reducing the clearing ...

The Reserve Bank of India (RBI) has announced that persons resident outside India who hold special rupee vostro accounts for ...

RBI unveils FREE-AI framework for responsible adoption of Artificial Intelligence in finance, balancing innovation with ...

RBI committee recommends comprehensive AI policy framework for financial sector to guide innovation, adoption, and risk ...