India's forex reserves up $2.95 bn

State-owned banks continued to absorb foreign fund inflows, likely on behalf of the Reserve Bank of India. Photo: Priyanka Parashar/Mint Mumbai: The rupee ended lower against the US dollar as state-owned banks continued to absorb foreign fund ...

Royal Bank of Scotland (RBS) has revealed that it has suspended a further two employees as part of an investigation by the bank into foreign exchange market rigging, the BBC reported on Wednesday. RBS was one of six banks which were fined a ...

The bank is in talks with Ins JV partners On Foreign Stake increase, says report. SBI reportedly said that they are looking at stake sales In Life, General Ins Ventures. The bank is in talks with Ins JV partners On Foreign Stake increase, says report. The ...

Earlier in January, the government had allowed increasing foreign holding HDFC Bank, the country's most valuable lender. The application was pending for over a year.

According to an announcement made by the National Bank of Ukraine, which is the central bank of the country, in order to stabilize the situation on the currency market, the watchdog will impose a 3 day ban on purchasing foreign currency for ...

Ukraine's Finance Minister Natalia Yaresko (R) and central bank head Valeria Gontareva (L) during a press conference in Kiev, Ukraine, 25 February 2015. Photo EPA/BGNES Ukraine 's central bank on Wednesday banned all foreign exchange purchases by ...

(Bloomberg) -- Ukraine's central bank lifted a ban on foreign-currency trading late Wednesday in Kiev, the same day as it imposed the restriction that aimed to stem the hryvnia's freefall. The National Bank of Ukraine unwound the limitation on ...

Ukraine's central bank hardened stance on foreign currency transactions by prohibiting banks from purchasing foreign currency for their clients and limiting the purchases of their own operations, according to a statement on Wednesday. The central ...

Shares of South Indian Bank climbed over 7 percent on Wednesday as the Reserve Bank of India has allowed foreign institutional investors to buy shares of the private sector lender.