Reserve Bank of India

India's faith in central bank governer Rajan was too much- James Saft

Reuters columnist James Saft wrote in his latest column that a reform change, and not a new central bank governor, could help the falling rupee and the Indian economy.

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India won't convert idle gold to bullion- central bank

The Federal Reserve Bank of India said that it would not convert idle gold into bullion.

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RBI allows NRIs to invest in India's primary and secondary markets

The Reserve Bank of India had allowed non-resident Indians to purchase shares from Tai Industries and Madras Aluminum Company.

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RBI eliminates largest bond gain, US$8 billion fund outflow extends

Reserve Bank of India's decision to increase borrowing costs eliminated the country's largest bond gains and further extended the US$8 billion fund outflow.

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Central bank of India levies US$8.3 million in fines for 22 lenders

The Reserve Bank of India imposed US$8.3 million in fines for 22 lenders that flouted rules and regulations on anti-money laundering.

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Hedging Surge Urges India Central Bank Investigation on Rupee Moves

The central bank of India announced its concern following the fast growing currency derivatives trading in the last three years.

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Firm ownership rules set by RBI

The Reserve Bank of India announced new guidelines regarding the 'ownership' and 'control' of FDIs in the country.

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Reserve Bank of India: Private Placement Rules On Hold

The Reserve Bank of India is implementing a notification for private placements from non bank financial firms.

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Axis, ICICI, HDFC Bank Gets Fined for KYC Violations

The Reserve Bank of India (RBI) fined three banks that includes Axis Bank, HDFC Bank and ICICI Bank for violating the "know your customer" policy.

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Reserve Bank of India cracks down on bank regulation violators

The Reserve Bank of India enforces penalties against three banks for money laundering and fraud violations.

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