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 ...

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 ...

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.

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.

The govt should step in and help us." The Reserve Bank of India (RBI) has appointed Shreekant, former chief general manager of State Bank of India (SBI) as ‘Administrator' to manage the affairs ...

People have gathered outside Mumbai-based New India Co-operative Bank as the Reserve Bank of India (RBI) has issued a notice to the Bank imposing restrictions, which prohibits it from issuing new ...

India's central bank said on Wednesday it will infuse $21 billion in rupee liquidity into the banking system in a bid to ease lending conditions and boost economic growth. The Reserve Bank of ...

The police move comes a day after the Mumbai based-New India Cooperative Bank’s board was superseded by the Reserve Bank of India (RBI) for lack of liquidity. The RBI on Friday superseded the ...

The Reserve Bank of India's (RBI) restrictions on New India Co-operative Bank, located in Bandra, Mumbai, have triggered panic among customers, who are now unable to access their deposits.

The Reserve Bank of India (RBI) has allowed depositors of New India Cooperative Bank to withdraw up to 25,000, easing restrictions imposed earlier due to supervisory concerns. This decision comes over ...

“Neither the bank nor the Reserve Bank of India have provided any clarification about our deposits. We want action to be initiated against the bank for the fraud committed.” ...

Bank of India has started the recruitment for 400 Apprentice posts with an application deadline of March 15, 2025. Eligible candidates with a graduate degree from a recognised university can apply ...