India's central bank will need to inject at least another 1 trillion rupees ($11.54 billion) into the banking system by March ...

A former general manager of New India Co-operative Bank, Hitesh Pravinchand Mehta, was allegedly found involved in siphoning ...

India’s central bank, the Reserve Bank of India (RBI), on Friday, February 21, announced that they have decided to conduct a ...

The Reserve Bank of India will conduct a massive $10 billion three-year dollar/rupee swap auction next week to infuse durable ...

Under such an arrangement, the central bank purchases dollars from banks in lieu of the rupee, thereby injecting liquidity ...

Mumbai: New India Cooperative Bank's former CEO, during whose tenure Rs 122 crore of the bank's deposits were misappropriated ...

The Reserve Bank of India (RBI) on Friday superseded the cooperative lender's board for a year and appointed an administrator ...

RBI to conduct $10 billion dollar/rupee buy/sell swap to infuse liquidity, following successful $5.1 billion swap auction.

The Indian government had no outstanding loans with the central bank under ways and means advances in the week ended Feb. 14, according to the Reserve Bank of India's weekly ...

Subdued private consumption due to a low growth rate of real wages is a factor behind the slowdown, said the central bank.

This marks the largest-ever dollar/rupee swap auction by the RBI. The move comes amid an ongoing liquidity deficit in the ...