The Reserve Bank of India (RBI) is set to cut its main policy rate on Feb. 7 followed by just one more cut next quarter, according to economists polled by Reuters, who have kept their views largely ...

Finance Minister Nirmala Sitharaman on Saturday proposed to increase the threshold of tax collected at source (TCS) on ...

The Reserve Bank of India's $5 billion dollar/rupee buy-sell swap auction on Friday is likely to see strong demand from ...

India’s government expects income from the central bank and public-owned financial institutions to increase 9% in the coming fiscal year, helping to offset a drop in tax revenue.

India’s central bank bought 200 billion rupees ($2.3 billion) of bonds as planned at the first open-market auction in almost four years.

The Reserve Bank of India (RBI) has levied penalties on Equitas Small Finance Bank and India Post Payments Bank for failing to meet regulatory compliance standards. A fine of Rs 65 lakh was imposed on ...

The repo rate is the interest rate at which the RBI lends money to commercial banks when they need funds. When the repo rate ...

The Reserve Bank of India (RBI) imposed penalties on Equitas Small Finance Bank and India Post Payments Bank for regulatory ...

The Reserve Bank of India (RBI) has imposed penalties on Equitas Small Finance Bank and India Post Payments Bank for ...

Digital transactions in India surged, led by UPI, with significant growth in volume and value, per RBI report.

The regulatory action comes two months after the lender said that it has received a notice from its statutory auditors, ...