One of the key objectives of the unprecedented decision was to promote digital payments and curb black money, besides eliminating terror funding...

Forex experts say rise in FCA could be due to valuation changes as US dollar remained soft against major currencies...

This is for the first time since the constitution of MPC in 2016 that committee is submitting such a report to central government...

The six-member Monetary Policy Committee is headed by Governor Shaktikanta Das...

'Yes, there has been a slippage in our inflation targeting, in our capacity to, in our ability to maintain inflation below 6 per cent, but it (tightening earlier) would have been very costly for the e...

MPC is meeting on Thursday to formulate a response to the govt but defended RBI's move to not make the letter to be written to the government, public...

ICICI Bank, PNB, Bank of India and Bandhan Bank have revised their MCLR by 15-30 basis points...

According to sources, ICICI Bank sold GS 2027 securities to IDFC First Bank using Central Bank Digital Currency...

Pilot will see nine banks, including SBI, HDFC Bank and ICICI Bank, settling secondary market transactions in government securities...

Rupee pared its initial gains and settled 31 paise lower at 82.78 (provisional) against the dollar on Monday...