India's RBI must infuse 1 trillion rupees by March-end to ease bank liquidity gap, analysts say
India's central bank will need to inject at least another 1 trillion rupees ($11.54 billion) into the banking system by March ...
India Cancels $3 Billion of Treasury Bill Sale Amid Tight Cash
India’s central bank did not accept any bids for 91 and 182-day treasury bills in an auction Thursday amid a cash squeeze in the nation’s banking system.
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India's inflation falls for third straight month to 4.31% in January, making case for further monetary easing
This could clear the way for another rate cut by the Reserve Bank of India, which slashed rates from 6.5% to 6.25% after its ...
India's central bank weighs some relief for New India Co-op Bank depositors, sources say
The Reserve Bank of India is working on a plan to allow depositors of troubled New India Co-operative Bank to make special ...
India’s Economic Growth Set to Pick Up Pace, Central Bank Says
India’s economy has recovered its lost momentum and consumption demand may improve on the back of moderating inflation and ...
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India’s central bank launches exclusive internet domains to combat cyber threats
The Reserve Bank of India (RBI) is set to introduce exclusive internet domains for financial sector participants, including ...
India's central bank flags concerns in unsecured lending, capital markets frenzy
India's central bank has seen concerns of over-leveraging in unsecured lending and frenzy in capital markets, Deputy Governor ...
New India Co-operative Bank: How a former GM was involved in ₹122-crore fraud — Explained
A former general manager of New India Co-operative Bank, Hitesh Pravinchand Mehta, was allegedly found involved in siphoning ...
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India's central bank supersedes board of New India Co-operative Bank
MUMBAI (Reuters) - India's central bank said on Friday it has taken control of the board of New India Co-operative Bank for 12 months, a day after its depositors were barred from withdrawing ...
New India Co-operative Bank update: Will RBI give some relief to depositors?
The Reserve Bank of India (RBI) on Friday superseded the cooperative lender's board for a year and appointed an administrator ...
India's inflation cools to lower-than-expected 4.31% in January
This could clear the way for another rate cut by the Reserve Bank of India, which slashed rates from 6.5% to 6.25% after its ...
India's forex reserves down $2.5 billion at $635.7 billion as of February 14
The central bank releases India's forex reserves' data every Friday, closely monitoring the economic indicator of foreign trade. The RBI, from time to time, intervenes in the market through liquidity ...