News

The Reserve Bank of India (RBI) bought a net of $14.36 billion in the spot foreign exchange market in March, data released on Wednesday as part of the central bank's monthly bulletin showed. May ...
The Reserve Bank of India on Wednesday extended the trading hours for the interbank call money market by 2 hours to 7:00 p.m.
The latest data release from RBI indicates that after falling to a 3 year low, the banking credit growth has shown ...
India’s $700 billion in foreign exchange reserves gives the economy a crucial cushion against rising geopolitical turmoil, a ...
RBI’s surprise 50 bps rate cut, amid falling inflation and strong macro fundamentals, aims to boost growth, credit flow, and ...
The level of sovereign debt in India is much lower than in nations like the US, Japan or France. The country's central ...
U.S. dollar/rupee forward premium — typically more sensitive to liquidity conditions — fell to 7.5 paisa, its lowest level since November.
Forex traders said the US dollar index weakened in the overseas market as President Donald Trump’s growing influence on ...
RBI also flagged a funding-side risk. Many NBFCs continue to depend on bank borrowings, but this channel has started to ...
India’s central bank drained 849.75 billion rupees ($10 billion) of excess cash from the banking system in its first such ...
Against the backdrop of an unstable global economy, but marked by a lull in inflation at home, the Reserve Bank of India cut its key interest rate by 50 basis points, from 6% to 5.5%, marking the ...
RBI cuts rates to 5.5% amid easing inflation; rupee stays flat as peers rise, eyes on US trade deal and oil risks.