However, banks have refrained from cutting their Marginal Cost of Fund based lending rate (MCLR) which are largely offered to ...

With its latest budgetary earmark announced on , India’s defense establishment can expect another year of limited military ...

RBI lifts business restrictions on Kotak Mahindra Bank after successful remedial action, allowing digital onboarding and credit card issuance.

The Indian rupee rose to a two-week high at 86.47, buoyed by central bank intervention. Analysts suggest this may have liquidated bearish positions. Despite the rupee’s recovery, forecasts predict it ...

From Nifty's sixth straight loss today to industrial production growth slowing to the latest US inflation data, we’ve got all ...

While banks will be closed in the affected states, digital banking services like UPI, internet banking, and mobile banking ...

The bank was directed to cease and desist from onboarding new customers through its online and mobile banking channels, and ...

In an effort to bolster cyber security, banks and non-banks in India are to given exclusive internet domains. The Reserve Bank of India announced on February 7 that it would be introducing the ...

The Reserve Bank of India will shortly issue ₹50 denomination bank notes in Mahatma Gandhi (new) Series bearing the signature ...

Snapping its three-day gaining streak, the rupee declined by 16 paise to close at 86.95 against the US dollar on Wednesday due to a firm American currency and unending outflow of foreign funds.

After more than nine months of imposing severe business restrictions on Kotak Mahindra Bank because of concerns on the technology front, the Reserve Bank of India (RBI) on Wednesday announced lifting ...

India's central bank on Wednesday lifted its 10-month-long restriction on Kotak Mahindra Bank that had barred the lender from ...