Reserve Bank Governor Sanjay Malhotra on Friday said the exchange rate policy has remained consistent over the years and the central bank does not target any ‘specific level or band’ of the rupee, ...

The repo rate is the interest rate at which the RBI lends money to banks. When the central bank lowers this rate, banks can ...

Many economies seem to be settling into a lower-rate environment. That’s in stark contrast with the Federal Reserve, which ...

Home, auto and other loans are likely to see a drop in interest rates after the Reserve Bank of India under a new Governor cut the key benchmark rate on Friday for the first time in almost five years ...

RBI Governor emphasised that the RBI will provide a phased rollout of the new LCR guidelines to avoid sudden financial stress ...

State of government finances, concessions offered to tax-payers, and the commitment to progress on the fiscal glide path is eminently complemented by the monetary measures makes this policy different ...

The RBI's move to extend Additional Factor of Authentication (AFA) to international online transactions aims to strengthen security for Indian cardholders amid rising global cyber threats and fraud ...

With the Budget exempting middle income group I (under Rs 12 lakh annual income) from income taxes, the borrowing rate cut is expected to redirect consumer spending to long term investments, ...

This move comes as part of an effort to curb practices that lead to consumer detriment and to ensure a level playing field in ...

India's central bank governor announced a one-year deferral, until March 2026, for the proposal requiring banks to set aside ...

As Indian banks and consumers adopt new technology, risks of cyber attacks, digital frauds, data breaches and operational ...

The Indian rupee remained at its all-time low against the US dollar after the Reserve Bank of India (RBI) delivered its first ...