India's central bank said on Tuesday foreign investors may invest the surplus balance in their so-called "vostro" accounts ...

RBI unveils FREE-AI framework for responsible adoption of Artificial Intelligence in finance, balancing innovation with ...

Any additional room for easing could open up if growth underperforms and the US Fed cuts rates to counter labour market ...

Under the new rule, cheques will be scanned, presented, and cleared continuously during business hours, reducing the clearing ...

The Reserve Bank of India (RBI) has announced that persons resident outside India who hold special rupee vostro accounts for ...

In simple terms, foreign banks that hold rupees for trade can now invest those funds in Indian government bonds instead of ...

Under the new system, each cheque will contain the ‘Item Expiry Time’ which indicates the latest time by which confirmation ...

AM and 11:00 AM will have to be confirmed positively or negatively by them by 2:00 PM, which is 3 hours from 11:00 AM.

The Indian rupee's trajectory will depend on developments around U.S. tariffs and the Reserve Bank of India's response if the ...

From October 4, 2025, the RBI will cut cheque clearance time from up to two days to just a few hours under a new Continuous ...