On Monday, the RBI superseded the board of Aviom India Housing Finance owing to governance concerns and defaults in meeting ...

India’s central bank bought 200 billion rupees ($2.3 billion) of bonds as planned at the first open-market auction in almost four years.

Optimism surrounding global tech stocks and anticipation of the US Federal Reserve’s policy outcome fuelled gains, lifting the index for the second consecutive day. This led to the formation of a ...

The increase in the RBI-DPI index was driven by growth in payment infrastructure and payment performance across the country over the period, the RBI said.