India's forex reserves slump to 10-month low amid sliding rupee
India's foreign exchange reserves extended their losing streak for a sixth straight week and stood at a 10-month low of ...
India's economy set for rebound but food inflation needs monitoring, cenbank says
India's economic growth is poised to rebound as domestic demand regains strength, but "stickiness" in food inflation warrants ...
India central bank liberalises FX rules to promote cross-border trade
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 rolls out steps to boost Rupee power overseas
The RBI now allows banks to open rupee accounts at overseas branches for non-residents to facilitate rupee ...
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HDFC Bank gets Reserve Bank of India nod for stake hike in three banks
The nod allows the group to hold up to 9.5% stakes in Kotak Mahindra Bank, AU Small Finance Bank, Capital Small Finance Bank.
Surprise Asian Central Bank Moves Show Impact of Dollar Rampage
A surprise interest-rate cut in Indonesia and signs the Reserve Bank of India may be willing to loosen its tight grip on the ...
HSBC India gets RBI approval to open 20 new bank branches in key cities [List of key cities]
HSBC India on Thursday announced that it has received approval from the Reserve Bank of India (RBI) to open 20 new bank ...
India's forex reserves dropped by $8.714 billion to $625.871 billion, RBI reports
India's forex reserves dropped by USD 8.714 billion to USD 625.871 billion in the week ended January 10, the RBI said on ...
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India's forex reserves hit 10-month low at USD 625.87 billion: What’s behind the continuous decline?
As per the latest data from the RBI, India's foreign exchange reserves saw a decline of USD 8.72 billion, down from the previous value of USD 634.59 billion. The reserves have been on a downward ...
Reserve Bank of India releases Draft Formats of Financial Statements of Co-operative Banks
RBI stated today that in terms of Section 29, read with Section 56 of the Banking Regulation Act, 1949, co-operative banks are required to prepare a balance sheet and profit and loss account as on the ...
Reserve Bank of India launches 68th round of its Order Books, Inventories and Capacity Utilisation Survey
The Reserve Bank of India has launched the 68th round of its Order Books, Inventories and Capacity Utilisation Survey (OBICUS). The survey is for the reference period October December 2024 (Q3:2024-25 ...