Rupee near record lows amid looming tensions over West Asia crisis
AMN New DelhiThe Indian rupee weakened by 22 paise to close at 93.75 against the US dollar (provisional) on Tuesday, pressured by a stronger greenback and rising global crude oil…
CGA Bolsters Public Fund Oversight with Launch of New Bank Dashboard and Manual
AMN / NEW DELHI In a significant move to modernize India’s financial governance, the Controller General of Accounts (CGA), T.C.A. Kalyani, on Friday unveiled two landmark initiatives: the Government Bank…
SBI Chairman virtually opens new branch to enhance financial access in Manipur
AMN In a major boost to financial inclusion in remote Manipur, the Chairman of the State Bank of India (SBI), Challa Sreenivasulu Setty, virtually inaugurated the SBI Parbung Branch from…
RBI keeps policy repo rate unchanged at 5.25 percent
AMN The Reserve Bank of India has decided to keep the repo rate unchanged at 5.25 per cent. Announcing the sixth and final bi-monthly monetary policy for the current fiscal,…
RBI directs Banks to remain open on 31st March for govt transactions
The Reserve Bank has directed all banks to keep all their branches, dealing with government business, open for public on 31st March, 2026 so as to account for all the…
Govt reviews performance of Regional Rural Banks
AMN / New Delhi A review meeting of the performance of Regional Rural Banks (RRBs) was held here under the chairmanship of the Secretary of the Department of Financial Services…
RBI & ESMA sign MoU on cooperation & exchange of information related to Central Counterparties
AMN The Reserve Bank of India and the European Securities and Markets Authority – ESMA have signed a Memorandum of Understanding concerning cooperation and exchange of information related to Central…
India’s Forex Reserves Surge $14.2 Billion, Near Record High: RBI Data
AMN / BIZ DESK India’s foreign exchange reserves registered a sharp jump of USD 14.167 billion in the week ended January 16, rising to USD 701.360 billion, according to the…
Govt approves ₹5,000 crore equity infusion into SIDBI to boost MSME credit
AMN / NEW DELHI The Union Cabinet, chaired by Prime Minister Narendra Modi, on Wednesday approved an equity infusion of ₹5,000 crore into the Small Industries Development Bank of India…
US Ambassador Gor meets RBI Governor, discusses areas of cooperation
AMN / NEWS DESK US Ambassador to India Sergio Gor on Saturday met Reserve Bank of India (RBI) Governor Sanjay Malhotra in Mumbai and discussed areas of increased cooperation. Gor…