The penalty on HDFC Bank was levied under the provisions of Section 11(3) of the Foreign Exchange Management Act (FEMA) after ...

India's foreign exchange reserves experienced a decline of $3.04 billion, reaching $699.74 billion for the week ending on ...

India s foreign exchange (forex) reserves fell below the 700 billion U.S. dollars mark on Friday, revealed an official data.

New Delhi: The country's gold reserves grew by $342 million during the week, reaching $84.846 billion, according to the ...

Reserve Bank of India (RBI) imposes penalties on HDFC Bank for foreign investment norms violation and Shriram Finance for ...

India's foreign exchange reserves topped $700 billion last week to hit a 9-month high, which, alongside the central bank's ...

The clarification refers to earlier instructions issued in December 2024 on credit flow to agriculture and the Master ...

Mumbai: The DB Marg Police have registered an FIR against senior officials and directors of the North Kanara Gaud Saraswat ...

According to the RBI’s weekly statistical supplement, the biggest component of the reserves—foreign currency assets (FCA)—fell by $2.629 billion to $591.287 billion during the week. FCA values reflect ...

The talks are at very early stages and there is no certainty the changes will be implemented or when any decisions could be ...

India’s central bank announced plans to withdraw excess liquidity from the banking system, a move likely aimed at stemming ...

RBI penalizes HDFC Bank and Shriram Finance for regulatory violations, imposing fines for non-compliance with guidelines.