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 ...

This report is from this week's CNBC's "Inside India" newsletter which brings you timely, insightful news and market ...

The Reserve Bank of India on January 16, 2025, announced liberalised norms to encourage use of Indian Rupee and ...

MUMBAI : Non-residents will now be able to open rupee accounts in the overseas branches of India-registered authorized dealer ...

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

The RBI has also allowed non-resident Indians to use such balances for foreign investments, including foreign direct ...

MUMBAI: With the rupee under intense pressure against the dollar, the Reserve Bank of India (RBI) has further liberalised the ...

RBI amends FEMA regulations to boost cross-border transactions in INR and local currencies amid economic challenges.

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

Amazon agrees to acquire Bengaluru-based digital lending startup Axio, formerly known as Capital Float, for an estimated ...

India’s central bank must avoid excessive intervention in the foreign exchange market and allow companies to adjust to ...