Dollar-rupee forward premiums declined on Thursday after India's central bank said it would infuse rupees into the banking ...

To encourage the use of the rupee and other currencies to settle cross-border transactions, India's central bank took steps ...

Reserve Bank of India's plan to infuse liquidity into the banking system daily via variable rate repo (VRR) auctions will ...

The Indian central bank was likely selling dollars via state-run banks to support the rupee on Thursday, as the currency ...

The Reserve Bank has signed MoUs with the central banks of the UAE, Indonesia, and Maldives to promote cross-border ...

The RBI may have spent $220 billion from its reserves to defend the rupee over the past two years, according to former chief ...

In terms of the framework, once an NBFC is classified as NBFC-UL, it shall be subject to enhanced regulatory requirement, at least for a period of five years from its classification in the layer, even ...

India, the world’s fastest-growing major economy, is projected to maintain robust growth, according to a survey of chief ...

In India, bank holidays vary by state. The RBI provides an annual holiday calendar, and digital banking is recommended for ...

NARCL’s bid offers lenders a recovery of 23%, comprising 15% cash and 85% government-guaranteed security receipts — a ...

The softer inflation reading for December offers more room to the RBI to cut rates, amid slowing growth in the country. India's economy expanded by just 5.4% in its second fiscal quarter ending ...

India's GDP is projected to grow 6.4% in 2024-25, down from 8.2% in 2023-24, due to reduced investment, impacting fiscal and monetary policies ahead.