India, central bank

India's central bank supersedes board of New India Co-operative Bank
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 after its depositors were barred from withdrawing money from the lender.
India’s Central Bank Cuts Key Rate For the First Time Since 2020
Projects FY26 inflation at 4.2%, GDP growth at 6.7%
Reserve Bank of India steps in to curb rupee speculation
The Reserve Bank of India (NSE:BOI) (RBI) took action in the foreign exchange market this week to limit speculation in the rupee, an unexpected move that caught traders off guard who anticipated a more laissez-faire stance from the new governor,
Factbox-India's central bank begins unwinding curbs on NBFCs and banks
The Reserve Bank of India has started to ease curbs on non-banking financial companies (NBFCs) and banks after they improved their compliance following a series of supervisory restrictions. High interest rates and tighter regulations have been cited as contributors to weak demand and a slowdown in India's economic growth,
India Central Bank Intervenes to Curb Speculative Rupee Bets
The Reserve Bank of India intervened in the foreign exchange market this week to curb speculation in the rupee, according to a person familiar with the central bank’s thinking, surprising traders who expected a more hands-off approach on the currency from the new governor.
India's central bank boosts long-term liquidity infusion again
India's central bank on Wednesday surprised markets by announcing another liquidity infusion this week as it aims to inject ...
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RBI Restricts New India Cooperative Bank Businesses. Here's What Customers Must Do Now
These directions came into effect on from the close of business on Thursday and are expected to remain in force for a period ...
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India’s central bank launches exclusive internet domains to combat cyber threats
The Reserve Bank of India (RBI) is set to introduce exclusive internet domains for financial sector participants, including ...
Indian central bank hikes overnight fund infusion post heavy FX intervention
India's central bank hiked the quantum of funds that it intended to inject into the banking system through an overnight ...
ThePrint7h
RBI supersedes New India Cooperative Bank board for 12 months
Reserve Bank of India superseded the Board of Directors of New India Cooperative Bank Ltd, Mumbai, for a period of 12 months, ...
The Financial Express8h
RBI supersedes New India Co-operative Bank Board for 12 months, appoints administrator
The RBI has superseded the Board of Directors of the Bank for 12 months. It has appointed Shreekant, former Chief General ...
Indian Central Bank to Infuse Record Overnight Funds Post Heavy FX Intervention
MUMBAI (Reuters) - India's central bank will infuse a record quantum of funds into the banking system through an overnight ...
New India Co-Operative Bank Case: From PMC Bank To Others, A Look Into Failures Of Co-Operative Lenders In The Past
The series of events leads us into a flashback of the cataclysmic failure of another co-operative bank, Punjab & Maharashtra ...
New India Co-operative Bank crisis: RBI supersedes lender's board for 12 months
The Reserve Bank of India (RBI) on February 14 announced that it has superseded the board of directors of New India ...
Indian central bank approves Temasek unit to raise stake in AU Small Finance Bank
The Reserve Bank of India has given its approval to a Temasek unit to raise its stake in AU Small Finance Bank to up to 7%, ...