At the auction, the apex bank bought bonds of various maturities between 2033 and 2037 at cut-off prices ranging from Rs 100.80 to Rs 102.72 (see table), with the maximum purchase of Rs 6,520 crore ...
India’s central bank bought 200 billion rupees ($2.3 billion) of bonds as planned at the first open-market auction in almost four years.
India's benchmark indexes opened higher, led by financials which gained after the Reserve Bank of India announced a slew of ...
Surveillance of branches and automated teller machines (ATMs) is not new to the banking industry, however, while they have ...
February will have a total of 14 non-working days, including a few state bank closures observing national and regional ...
India's central bank announced on Monday a host of measures to inject liquidity into the banking system, including bond ...
The Reserve Bank of India has taken action against Aviom India Housing Finance Private Limited by filing for a corporate insolvency resolution process due to governance concerns and payment defaults.
RBI has superseded the board of directors of AVIOM India Housing Finance, citing governance concerns and defaults in meeting ...
The RBI now allows banks to open rupee accounts at overseas branches for non-residents to facilitate rupee ...
India's digital payments have skyrocketed, increasing 94 times in volume and 3.5 times in value over the past decade. A ...
The Reserve Bank of India (RBI) made net purchases of government bonds in the secondary market last week, marking the first such operation in over three years, data released on Friday showed.