India's central bank on Wednesday surprised markets by announcing another liquidity infusion this week as it aims to inject ...

India's central bank hiked the quantum of funds that it intended to inject into the banking system through an overnight ...

India's central bank on Monday said it will double the quantum of security purchases under its next tranche of open market ...

MUMBAI (Reuters) - India's central bank will infuse a record quantum of funds into the banking system through an overnight ...

The Reserve Bank of India (RBI) will pour in 2.50 trillion rupees ($28.85 billion) through an overnight variable rate repo ...

India is considering accepting Russia's Mir payment system for electronic fund transfers, potentially easing transactions for ...

Regulations were revised to enable cross border transactions in all foreign currencies - including local currencies of ...

The non-performing loan (NPL) ratio in India stands at around 3 percent, while in Bangladesh, it has skyrocketed to a staggering 13 percent.

That is where the Indian Financial System Code (IFSC) comes in. The Reserve Bank of India (RBI) assign 11 digit alphanumeric code to each bank are unique, that helps to identify a particular bank ...

This will make RuPay one of the few international payment systems to be active in Russia. Moscow has faced a number of ...

Banking stocks fell after the Reserve Bank of India’s monetary policy failed to announce additional liquidity measures, ...