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RBI acts tough against cyber frauds, directs all banks to use DoT’s FRI technology to protect bank customers
The Reserve Bank of India (RBI) has declared war on cyber fraud affecting bank customers in India. On June 30, 2025, the RBI directed all Scheduled Commercial Banks, Small Finance Banks, Payments ...
India's $700 billion plus FX reserve pile, leaner forward book bolster rupee shield
India's foreign exchange reserves topped $700 billion last week to hit a 9-month high, which, alongside the central bank's ...
RBI panel likely to recommend India retains 4% inflation target
An internal Reserve Bank of India committee is likely to recommend maintaining the current inflation target of 4%, with a 2%-6% tolerance band, in the upcoming government review. The panel favors ...
India's new light touch on FX volatility spurs hedging ramp-up
The Reserve Bank of India's increased tolerance for rupee volatility is prompting companies to more actively manage forex ...