MUMBAI: In a move aimed at improving liquidity in the banking system, the RBI has said that it will conduct a USD/INR buy/sell swap auction on Feb 28 to inject Rs 86,000 crore into the banking system.

"This app offers quick access to the Database on the Indian Economy (https://data.rbi.org.in) portal and aims to serve the researchers, students, and the general public," it said.

The Reserve Bank of India (RBI) on Friday, February 14, superseded the board of Maharashtra-based New India Co-operative Bank for 12 months, one day after imposing several restrictions ...

The Reserve Bank of India (RBI) has imposed strict restrictions on New India Co-operative Bank in Mumbai, citing supervisory concerns over its financial position. As per the restrictions which are ...

RBI now owns nearly 100 percent of the Burger King China segment and said it will engage advisers to assist the company in finding a new local partner to “inject primary capital into the business and ...

The Reserve Bank of India (RBI) today barred New India Co-operative Bank from granting or renewing loans, accepting fresh deposits, make investment, disbursing any payment for its liabilities or ...

With the RBI's recent repo rate cut, we may expect lower lending rates for retail loans such as home loans and vehicle loans. However, it usually takes some time for customers to see these ...

The RBI will conduct the buy/sell swap on February 28, it said in a release. The first leg of the transaction would be settled on March 4 and could infuse around 870 billion rupees ($10 billion ...

Soon after the announcement, long queues formed outside several branches of the bank, with customers desperately seeking answers. At the Mahavir Nagar branch in Kandivali West, people waited in ...

The RBI has appointed former SBI CGM Shreekant as the bank’s administrator and formed a committee of advisors to assist the administrator. Eligible depositors can get funds of up to ₹5 lakh ...

Panic ensued among customers of New India Cooperative Bank in Mumbai after the RBI imposed severe restrictions due to financial stability concerns. Withdrawals are banned for six months ...

The Reserve Bank of India (RBI) has injected around Rs 43.21 lakh crore in the banking system since the new governor Sanjay Malhotra took charge in December to navigate the challenging liquidity ...