India, forex and The reserves

The Reserve Bank of India likely sold U.S. dollars before the local spot market opened on Friday to support the rupee, ...
The RBI now allows banks to open rupee accounts at overseas branches for non-residents to facilitate rupee ...
HSBC India on Thursday announced that it has received approval from the Reserve Bank of India (RBI) to open 20 new bank ...
India's central bank said on Wednesday it will conduct variable rate repo (VRR) auctions on all working days until further ...
India’s economy is poised for a strong rebound, driven by rising domestic demand, rural consumption, and public capex on ...
A PMLA court granted bail to Amar Mulchandani, ex-chairman of Seva Vikas Bank, due to his severe health issues and trial delays in a ₹429.57 crore fraud case.
To encourage the use of the rupee and other currencies to settle cross-border transactions, India's central bank took steps ...
A surprise interest-rate cut in Indonesia and signs the Reserve Bank of India may be willing to loosen its tight grip on the ...
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 central bank will be more judicious in its use of foreign exchange reserves to mitigate domestic currency market ...