On January 1, banks in India will be closed in several states due to New Year’s Day and local festivals, according to the Reserve Bank of India’s holiday calendar for 2025 ...

New Year's Day, January 1, is not universally a bank holiday throughout the country. The Reserve Bank of India (RBI) annually publishes a state-wise list of holidays, which will indicate whether banks ...

The rupee was weighed down by dollar bids from foreign and state-run banks along with a decline in most Asian currencies, ...

Finance Minister Nirmala Sitharaman says the slowing of Q2 growth is a “temporary blip”. But RBI has downgraded its GDP ...

Seeking elusive stability in the exchange rate while the economy remains open to capital flows entails a relatively less ...

Overall, the global GDP growth improving to 3.3% in 2025, with India leading at 6.9%. Resilient domestic demand in India and Indonesia, along with China’s stimulus measures, supports strong growth in ...

Despite potential declines in aggregate capital ratios, the RBI assured that no bank would fall below the minimum capital ...

The Indian rupee (INR) fell for a seventh straight year in 2024, largely due to headwinds in the last quarter, including ...

Vishwas Utagi, in an exclusive interview with NewsX, talks about the change in the Indian banking sector and the problems it is going through. He emphasizes reforms, private sector involvement, and ...

RBI guidelines for Government Debt Relief Scheme (DRS) emphasize financial discipline, prudential concerns, and borrower ...

India’s new central bank governor said the economy will probably rebound next year on the back of strong consumer and ...

The Reserve Bank of India (RBI) issued a stern warning on Monday (30 December) regarding the widespread use of crypto assets, ...