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India's foreign exchange reserves topped $700 billion last week to hit a 9-month high, which, alongside the central bank's ...
India’s central bank announced plans to withdraw excess liquidity from the banking system, a move likely aimed at stemming ...
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 ...
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India focuses on growth with larger-than-expected 50 bps cut in key rate; slashes reserve ratio - MSNMUMBAI (Reuters) -The Reserve Bank of India (RBI) cut its key repo rate by a larger-than-expected 50 basis points on Friday, a third consecutive reduction, and slashed the reserve ratio for banks ...
The RBI initiative will see the bank providing cloud storage services to other Indian financial institutions and aims to challenge the dominance of global tech giants in the country. – Getty Images ...
MUMBAI -- The Reserve Bank of India cut its key policy rate on Friday by an unexpectedly sharp 50 basis points to 5.5%, its lowest level in nearly three years, as tepid inflation allowed the bank ...
Cuts key rate for first time in almost five years Delays new liquidity coverage norms for banks until March 2026 Projects FY26 inflation at 4.2%, GDP growth at 6.7% Rupee trades higher, bonds fall ...
The Reserve Bank of India significantly reduced its gold repatriation in the second half of fiscal year 2025, bringing home only 1.53 tonnes compared to 102.15 tonnes in the previous six months.
The Reserve Bank of India’s monetary policy committee on Friday voted to cut the policy repo rate to 5.50% from 6.00%, a steep cut of 50 basis points. Photo: francis mascarenhas/Reuters.
This report provides a brief summary of the purpose and findings of a technical assistance (TA) mission that was intended to review and evaluate the Reserve Bank of India (RBI)’s stress test model ...
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