According to a regulatory filing by AU Small Finance Bank, the central bank issued a letter on January 3, 2025, permitting ...

The Reserve Bank of India approved HDFC Bank’s application for group entities to acquire not more than 9.5 per cent aggregate ...

On January 6, 2025, banks in Chandigarh will be closed in observance of the birthday of Sri Guru Gobind Singh. Additionally, ...

In an exclusive conversation with Siddharth Zarabi, Editor of Business Today, Ashok Vaswani, CEO of Kotak Mahindra Bank, ...

Speculation is rife on social media about the Reserve Bank of India (RBI) possibly introducing a ₹5,000 note. The RBI has ...

India's foreign exchange reserves fell for the fourth consecutive week and stood at an eight-month low of $640.28 billion, as ...

GDP: The Indian economy is poised to grow around 6.6 per cent in the current fiscal driven by a revival in demand after ...

The Reserve Bank of India announced that 98.12% of Rs 2000 banknotes have been returned to the banking system after their ...

HDFC Bank also disclosed it has also secured RBI’s nod to acquire up to a 9.5 percent aggregate stake in Kotak Mahindra Bank and Capital Small Finance Bank ...

Some big lenders in India have asked the central bank to inject liquidity using foreign-exchange swaps as short-term currency ...

India's financial sector is positioned strongly as it enters 2025, marked by robust earnings, low impaired assets, and strong ...

The Reserve Bank of India mandates banks to provide account name verification for RTGS and NEFT transfers by April 2025.