MUMBAI: Within days of the fiasco at Indusind Bank’s forex derivatives imploding with a Rs 2,000-crore likely hit on its bottom-line, the Reserve Bank (RBI) asked all banks with large forex ...

The Reserve Bank of India (RBI) has approved re-appointment of Sumant Kathpalia as MD, CEO of IndusInd Bank for a period of one year with effect from March 24, 2025, according to an exchange filing.

The investigation also allegedly revealed that the parent company also received foreign direct investment (FDI) from foreign investors “without following” proper RBI pricing guidelines ...

Still, the local currency was down 0.5% on the day. The RBI sold dollars "relatively quickly" via state-run between 87.20-87.24, a spot trader at a small private bank said.

The real-life Pickles — Portland’s collegiate summer league baseball team — have criticized Disney and Pixar for allegedly using their trademarks without ... and their logo and uniforms ...

The Reserve Bank of India (RBI) cut its key interest rate for the first time in ... policymakers are struggling to provide an accommodative and open interest rate environment without risking a sharp ...

The Reserve Bank of India (RBI) cut its key interest rate for the ... provide an accommodative and open interest rate environment without risking a sharp and potentially destabilising fall in ...

“Without Permission” captures a time and place when Chicanos were the invisible, inaudible minority covered as a mere fascination out of newscasts, and its community was being tear-gassed for ...

"The RBI wants to confirm from banks whether the hedge effectiveness is perfect and if IndusInd's issue is part of a bigger problem," one of the sources said. The sources did not wish to be identified ...

It fell to 87.3850 earlier in the session. State-run banks were spotted offering dollars near 87.30 levels, most likely on behalf of the RBI, traders said. It "seems like they will be active till ...

The RBI typically asks banks for data during routine audits, but the fact that it is being sought now "clearly indicates that ...