The six-member monetary policy committee voted unanimously to lower the repo rate to 5.25% and has now cut rates by a total ...

India's Fino Payments Bank received "in-principle" approval to transition into a small finance bank, the country's central ...

The Reserve Bank of India (RBI) cut its key repo rate by 25 basis points on Friday, in line with a consensus view, as record ...

India's central bank on Friday asked banks to submit a detailed plan on ringfencing their core business from other riskier ...

India’s stock benchmarks closed Friday with gains after the Reserve Bank of India lowered key lending rates by ...

A payments bank is eligible to apply to transition into an SFB after completing five years of operations, subject to meeting ...

RBI approves Vikram Sahu as the new CEO of Bank of America India for a 3-year term, marking a major leadership transition and ...

The state-owned lender said the revised rate is effective December 5, according to a regulatory filing. “The revision is on ...

Fino applied for an SFB licence in December 2023, betting that it could tap a large portion of its merchant network as an ...

The Reserve Bank of India (RBI) cut its key repo rate by 25 basis points on Friday and took steps to boost banking-sector ...

The Reserve Bank of India (RBI) cut its key repo rate by 25 basis points today and left the door open for further easing as ...