India's Reserve Bank leads surge in gold reserves amid global central bank slowdown

Apr 06, 2024

India's consistent efforts to bolster its gold reserves reflect a strategy aimed at diversifying its foreign exchange reserves and mitigating risks associated with currency...

Reserve Bank of India receives bomb threat, probe underway

Dec 13, 2024

The Reserve Bank of India (RBI) in Mumbai received a bomb threat email on Friday, police said.

Reserve Bank of India penalizes Pusad Urban Co-operative Bank Ltd. for non-compliance

Feb 12, 2024

According to a press release, the penalty was levied due to the bank's failure to comply with RBI directives concerning 'Income Recognition, Asset Classification,...

RBI MPC meets amid concerns of inflation, rate cut unlikely say economists

Jun 05, 2024

The Reserve Bank of India (RBI) is unlikely to reduce the benchmark interest rate in its upcoming monetary policy review meeting. The meeting, chaired...

RBI imposes monetary penalty on Dhanlaxmi Bank, ESAF Small Finance Bank, Punjab and Sind Bank

Jan 12, 2024

The Reserve Bank of India (RBI) has imposed monetary penalties, of varying degrees, against ESAF Small Finance Bank, Dhanlaxmi Bank, and Punjab and Sind...

RBI imposes monetary penalty on Yes Bank and ICICI Bank

May 28, 2024

The Reserve Bank of India (RBI) has imposed monetary penalty on Yes Bank and ICICI Bank for non-compliances with certain directions issued by it.