The Reserve Bank of India (RBI) was likely selling dollars to support the rupee on Monday (January 12, 2025), after the ...

Top Bankers meet RBI ahead of MPC meeting to discuss slowing economic growth, credit growth, and inflation concerns.

Thanks to a reduction in capital expenditure and a generous dividend from RBI, India may end FY25 with a fiscal deficit at ...

"Due to the cash reserve ratio (CRR) cut, assuming a money multiplier of 5x (1/reserve ratio) - deposit growth should improve ...

The Indian rupee opened at a record low of 86.20 against the US dollar, depreciating five paise from its previous close. The ...

The Indian rupee could drop below 26 per the UAE dirham or hit 90 per dollar this year as the Reserve Bank of India is poised ...

Per Reserve Bank of India’s (RBI) holiday calendar, banks across the country will remain open today, however, several states ...

Despite mutual funds offering higher long-term returns, PPF attracts three times more investments due to its government ...

India’s banking sector is grappling with a significant liquidity crunch, one that threatens not only financial stability but ...

The US Nonfarm Payrolls (NFP) rose by 256K in December, compared to a 212K increase (revised from 227K) seen in November, ...

One of the first prominent festivals of the New Year falls today, on January 13, 2025. The festival of Lohri is celebrated in ...

Bank holidays in India vary across states and are declared annually under the Negotiable Instruments Act by the RBI.