To encourage the use of the rupee and other currencies to settle cross-border transactions, India's central bank took steps ...

Dollar-rupee forward premiums declined on Thursday after India's central bank said it would infuse rupees into the banking ...

This report is from this week's CNBC's "Inside India" newsletter which brings you timely, insightful news and market ...

Currency’s decline and its implications for inflation add to doubts about health of world’s fastest-growing major economy ...

India's central bank on Tuesday said deputy governor M. Rajeshwar Rao will handle monetary policy and economic research ...

The Reserve Bank has signed MoUs with the central banks of the UAE, Indonesia, and Maldives to promote cross-border ...

In India, bank holidays vary by state. The RBI provides an annual holiday calendar, and digital banking is recommended for ...

The Reserve Bank of India is starting to relent on its tight control of the rupee, acknowledging the ‘Impossible Trinity’ of ...

India, the world’s fastest-growing major economy, is projected to maintain robust growth, according to a survey of chief ...

IDBI Bank share price gained sharp 8% during the intraday trades on Thursday on divestment buzz. The stock that had sees ...

The RBI may have spent $220 billion from its reserves to defend the rupee over the past two years, according to former chief ...

The list has 15 companies that include LIC Housing Finance, Bajaj Finance, Shriram Finance and Tata Sons Pvt Ltd among others ...