The Reserve Bank of India likely stepped in, via state-run banks, to buy dollars on Friday, five traders said, as the rupee ...

State Bank of India, the country's biggest lender by assets, reported a nearly 10% drop in net profit for the January-March ...

The Reserve Bank of India (RBI) has listed six bank holidays for this month according to its state-wise official calendar.

State Bank of India, the country's biggest lender by assets, aims for loan growth of 12%-13% in 2025-26, almost flat from the ...

A penalty of Rs 31.80 lakh was imposed on Bank of Maharashtra for non-compliance with certain directions on KYC ...

Banks will be open on May 3, 2025, the first Saturday of the month. As per the RBI calendar, banks are typically closed on ...

In May 2025, besides regular weekend closures, banks are scheduled to observe seven state-specific public holidays, per the ...

This is not the first time that the RBI has taken action against banks over compliance failure. Last month, the RBI imposed a ...

For the full year the bank had a loan loss provision of ₹14,418 crore, an increase of 51.49% YoY. The bank has cut it’s ...

India's central bank has sought the government's approval to remove the cap on foreign banks with so-called vostro accounts ...

MUMBAI (Reuters) -India has room for more rate cuts, given the declining inflation and elevated uncertainties around growth, ...

The Reserve Bank of India (RBI) has levied penalties on ICICI Bank, Bank of Baroda, IDBI Bank, and Bank of Maharashtra for ...