India's central bank said on Friday it has taken control of the board of New India Co-operative Bank for 12 months, a day ...

The Reserve Bank of India will step up its liquidity infusion and inject over $16 billion next week into the banking system, ...

India's central bank on Wednesday surprised markets by announcing another liquidity infusion this week as it aims to inject ...

The Reserve Bank of India has started to ease curbs on non-banking financial companies (NBFCs) and banks after they improved ...

MUMBAI (Reuters) - India's central bank will infuse a record quantum of funds into the banking system through an overnight ...

RBI’s action was necessitated due to certain material concerns emanating from poor governance standards observed in the ...

According to the report by the World Gold Council, the Reserve Bank of India (RBI) purchased an additional 8 tons of gold in ...

Deposit holders of New India Co-operative Bank cannot withdraw money from their bank accounts with effect from February 13, ...

The Reserve Bank of India (RBI) has imposed strict restrictions on Mumbai-based New India Co-operative Bank, barring it from ...

Reserve Bank of India (RBI) has issued a notice to New India Co-operative Bank imposing restrictions, which prohibits it from ...

All requests for withdrawal of funds were turned down, with banners at branch gates saying deposits would be paid back in around 90 days ...

However, RBI stated that the bank is allowed to set off loans against deposits subject to the conditions stated in the ...