The Reserve Bank of India’s (RBI’s) decision to increase the interest rate ceilings on foreign currency non-resident (banks) ...

An FCNR (B) account lets customers maintain a fixed deposit in India in freely convertible foreign currencies for a tenure ...

MUMBAI: The RBI on Friday increased the interest rate ceilings on Foreign Currency Non-Resident Bank deposits or FCNR (B) ...

Sanjay Malhotra takes charge at the Mint Street headquarters of the Reserve Bank of India (RBI) at a time when the country’s ...

Announcing the fifth bi-monthly monetary policy for the current financial year, RBI Governor Shaktikanta Das said it has been ...

The Reserve Bank of India (RBI) maintained the status quo on interest rate despite July-September quarter GDP growth falling ...

A higher repo rate prompts banks to raise their interest rates on fixed deposits to attract more depositors, while a rate cut ...

Mumbai: The Reserve Bank of India (RBI) decided to keep the repo rate unchanged at 6.5 per cent for the 11th consecutive ...

Banks will have more liquidity to lend, which is expected to spur economic growth. The policy panel has also cut the GDP ...

The conditions are projected to turn favourable for rate cuts by the Reserve Bank of India (RBI) in India with the first one ...

The Indian rupee is likely to open higher on Friday on the back of a decline in the dollar index, after which its direction ...