India’s central bank on Wednesday proposed changes to how banks calculate their net foreign exchange exposure and the capital ...

In a statement, the Reserve Bank of India said the approval allows SMBC to move from its current branch-based operations to a ...

The RBI on Wednesday granted an ‘in-principle’ approval to Sumitomo Mitsui Banking Corporation (SMBC), Japan, for setting up ...

The in-principle approval allowed the bank to set up the wholly owned subsidiary through the conversion of its existing ...

India's foreign exchange reserves increased to approximately $696.61 billion by December 22, according to data released by ...

The Reserve Bank of India (RBI) has granted ‘in-principle’ approval to Sumitomo Mitsui Banking Corporation (SMBC), Japan, for ...

Japanese lender to convert existing branches into a wholly-owned subsidiary, gaining greater operational flexibility ...

Japan’s Sumitomo Mitsui Banking Corporation (SMBC) is set to receive ‘in-principle’ approval from the Reserve Bank of India ...

The Reserve Bank of India's 3-year dollar/rupee buy-sell swap drew strong demand on Tuesday, with the auction drawing bids a ...

India is likely to retain the existing inflation target for the central bank, with the setup seen as effective in managing ...