The condition is subject to fulfilment of ongoing compliance requirements set by the RBI and consent from IRDAI.

The Reserve Bank of India (RBI) is expanding its cross-border payments platform to enable instant settlements, with plans to ...

STANDARD Chartered has emerged as the front-runner to become the settlement bank for real-time US dollar-denominated trades ...

Despite a 300% surge in counterfeit ₹500 notes in India over the past five years, the government reports a 30% overall ...

India's foreign exchange reserves logged their sharpest weekly fall on record to a more-than-four-month low last week, as the ...

India’s foreign reserves had their biggest weekly fall ever, indicating the central bank likely sold dollars in the market to ...

India is enhancing cross-border mobile payments by integrating CBDCs, collaborating with nations like Sri Lanka and the UAE ...

The Indian economy is “sailing through smoothly,” even as global growth faces accelerating risks ranging from geopolitical ...

The Reserve Bank of India (RBI) plans to roll out a cloud storage pilot program in 2025 for financial institutions. The RBI ...

This report provides a brief summary of the purpose and findings of a technical assistance (TA) mission that was intended to review and evaluate the Reserve Bank of India (RBI)’s stress test model ...

Central Bank of India received approval from the Reserve Bank of India to enter the insurance business. The bank will form a ...

The Reserve Bank of India (RBI) is seeking to expand its cross-border payments platform — which will allow instant settlement ...