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He also stressed that the Board's role is pivotal in establishing a robust IT and cybersecurity infrastructure and availability of requisite skills at the bank level.

Private sector lender Bandhan Bank on Tuesday said it has been appointed by Reserve Bank of India as an authorised pension disbursement bank on behalf of the Central Pension Accounting Office (CPAO) for the civil pensioners.

Processing of farm loans takes three to four weeks and the cost incurred is about 6% of the loan amount sanctioned

The four public sector general insurance companies are unlikely to get capital funding from the government in the current fiscal

Reserve Bank Governor Shaktikanta Das asked NBFCs, including housing finance companies, to strengthen governance standards and assurance mechanisms.

he Reserve Bank on Thursday enhanced the upper limit of an offline payment transaction to Rs 500 from the existing Rs 200.

Focus must be on public infrastructure, health and social protection, which can create jobs and improve productivity

Industry body PHDCCI has submitted several recommendations on issues related to the housing sector, banking and foreign trade to RBI

Finance ministry on Tuesday said price pressure on food items is expected to be transitory, with tomato prices seeing a decline

The review highlighted the government's proactive steps to curb food inflation, anticipating relief as fresh stock arrives to alleviate price pressures.

The rupee depreciated by 2 paise and settled for the day at an all-time low of 83.12 (provisional) against the US dollar on Monday

India's retail inflation measured by consumer price index (CPI), saw a huge rise to 7.44 per cent in July owing to hike in food prices

The Reserve Bank will launch a pilot project for 'Public Tech Platform' that seeks to facilitate credit through seamless flow of required digital information

The inflation, however, has inched up from (-)4.12 per cent recorded in June fuelled by 62.12 per cent rise in vegetable prices

India's forex reserves dropped for the third consecutive week, declining by USD 2.417 billion to USD 601.453 billion as of August 4

Reserve Bank of India Governor Shaktikanta Das on Friday pitched for a global debt data-sharing platform as part of the solution

Governor Shaktikanta Das on Friday pitched for the "expeditious completion" of the general review of quotas at the International Monetary Fund

RBI left its key policy rates unchanged for a third straight meeting but signalled tighter policy if food prices drive inflation higher

UPI payments system has become hugely popular for retail digital payments in India, and its adoption is increasing at a rapid pace

The Reserve Bank's decision to maintain the status quo on policy rate will support growth and keep inflation under check