have been caught on the wrong foot by the alleged embezzlement of funds at the New India Cooperative Bank and the resultant imposition of the Reserve Bank of India (RBI) curbs on withdrawal.

For the year 2024, Poland has emerged as the largest net buyer, adding 90t of gold to its reserves, followed by Turkey (75t) and India (73t). On the other hand, the Reserve Bank of India (RBI ...

India's central bank said on Monday it would allow depositors of troubled New India Co-operative Bank to withdraw up to 25,000 rupees (about $290) from their accounts.

The Reserve Bank of India (RBI) has placed several restrictions on Mumbai-based New India Co-operative Bank. Amid regulatory concerns, the central bank prohibited depositors from taking any money ...

February 28, 2025 India central bank's FX swap oversubscribed 1.6 times The Reserve Bank of India's longer-term dollar/rupee buy-sell swap witnessed robust demand with the auction drawing bids 1.6 ...

The Reserve Bank of India has sought feedback on the use of such a tool to better align banks’ borrowing costs with the key policy rate by providing a more predictable flow of funds in the ...