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 Reserve Bank of India was likely selling dollars on Tuesday to support the rupee, which was hit by weak global risk ...

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 ...

The Mumbai Police are investigating a Rs 122-crore embezzlement at New India Cooperative Bank, involving former top ...

Due to a fraud, the Reserve Bank of India has ordered that money cannot be withdrawn from this bank for 6 months. The Reserve Bank of India (RBI) has imposed various restrictions on the New India ...

Retail inflation in India dropped to 3.61% in February due to decreased prices in vegetables and protein-rich items, offering ...

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 unab ...

This move to state-owned banks shows the lack of confidence among depositors in urban cooperative banks especially in metro cities such as Mumbai.

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 ...