The dollar/rupee near forward premiums pushed higher this week on the back of the dollar liquidity spurred by the Reserve ...

The Indian rupee ended little changed on Thursday, wedged between gains in regional peers and importers' dollar demand, in a ...

The Reserve Bank of India last week cut the repo rate from 6.50% to 6.25%, the first such reduction since 2020. According to ...

Panic ensued among customers of New India Cooperative Bank in Mumbai after the RBI imposed severe restrictions due to ...

The Reserve Bank of India's (RBI) restrictions on New India Co-operative Bank, located in Bandra, Mumbai, have triggered ...

According to the RBI notice, Considering the banks present liquidity position Bank has been directed not to allow withdrawal ...

NBFCs urge RBI to raise the ECB limit, ease SARFAESI norms for small loans, expedite eKYC approvals, and relax asset ...

The RBI on Thursday imposed several restrictions on city-based New India Co-operative Bank, including on withdrawal of funds ...

The bank has been barred from accepting new deposits or allowing withdrawals, leaving account holders in distress ...

These restrictions came into effect on Thursday (February 13) and will remain for six months, subject to review.

RBI’s move comes after what it called 'recent material developments' at the bank. Although the central bank did not provide ...

The RBI imposed restrictions on Mumbai's New India Co-operative Bank due to liquidity issues, limiting withdrawals, loan ...