India is transitioning to a near real-time cheque clearing system from October 4, drastically reducing fund transfer times to just a few hours.

India’s journey to becoming a $10 trillion economy will reshape the country’s financial system and redefine how banks operate ...

The Reserve Bank of India has amended its check clearance regulations. The new rule came into effect from October 4, 2025.

Sanjay Malhotra, Governor of the Reserve Bank of India, reassured the public that India's banking system continues to be "safe and secure." He emphasized that the recent accounting lapses at IndusInd ...

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Editor’s note: This is the second of a six-chapter article on the economy of India, published this week. In “lombard street”, published in 1873, Walter Bagehot, then editor of The Economist, wrote ...

The Reserve Bank of India sold U.S. dollars through state-run banks before the spot market opened on Friday, traders said, ...

While digitization has transformed banking for Indian consumers, corporate banking has been left in the slow lane — still relying heavily on clunky infrastructure, paper trails, and spreadsheet-heavy ...

The Reserve Bank of India intervened heavily in the currency market on Wednesday to shore up the rupee, traders said, adding ...

Jio Payments Bank wins MLFF toll contracts for Shahjahanpur and Manoharpura plazas, digitizing highway toll collection with ...

The Indian Financial System Code (IFSC) is an 11-character alphanumeric code assigned by the Reserve Bank of India (RBI) to ...