Even as AI plays a pivotal role, Malhotra emphasised that customer service is ultimately a human-driven function. He urged financial institutions to invest in training staff on the behavioural aspects ...

The RBI has advised depositors and investors not to react to unverified reports regarding IndusInd Bank and instead trust official statements and regulatory updates.

This move comes as the bank seeks to strengthen its funding position following the revelation of a Rs20bn accounting discrepancy in its derivatives book.

Reserve Bank of India and Bank of Mauritius sign MoU to promote the use of Indian Rupee and Mauritian Rupee for cross-border transactions, aiming to optimize costs and settlement time.

LIC in talks with RBI for 50-year and 100-year bonds to meet long-term obligations, CEO Siddhartha Mohanty confirms.

The Reserve Bank of India (RBI) and the Bank of Mauritius (BOM) signed a Memorandum of Understanding (MoU) for establishing a framework to promote the use of local currencies, viz., the Indian Rupee ...

The Reserve Bank of India and the Bank of Mauritius signed an MoU to promote the use of Indian and Mauritian Rupees for cross-border transactions. This agreement aims to optimize trade costs and ...

Total primary market subscription by the retail investors in government securities, treasury bills state government loans and  others, on the Reserve Bank of India’s (RBI) Retail Direct Platform ...

Reserve Bank and the Bank of Mauritius (BOM) have signed a pact for establishing a framework to promote the use of the Indian Rupee and the Mauritian Rupee (MUR) for cross-border transactions.

Reserve Bank of India (RBI) has imposed penalties of Rs5.10 lakh on JM Financial Products Ltd, a non-banking financial ...

Siddhartha Mohanty, Managing Director and Chief Executive of LIC, said the insurer sells whole life policies, which need investments in long-term bonds.

Life Insurance Corporation of India (LIC) hopes to decide on acquiring stake in a health insurance company by the end of ...