Reserve Bank Governor Sanjay Malhotra on Wednesday said the central bank does not target any level or band for the ...

As oil prices tumble to levels last seen in early 2021, India may be staring at an unexpected silver lining. Brent crude has ...

Mumbai: Reserve Bank Governor Sanjay Malhotra on Wednesday said the central bank does not target any level or band for the rupee-dollar exchange rate, but intervenes in forex market only when there is ...

The Reserve Bank of India is expected to keep sufficient surplus in the banking system to ensure policy transmission and is ...

India's foreign exchange reserves stood at $676.3 billion as of April 4, the central bank governor said on Wednesday, the ...

RBI’s Rs 80,000 crore liquidity infusion via OMOs sparks expectations of a 25 basis point repo rate cut. The central bank's ...

The Reserve Bank of India (RBI) has announced a record $10 billion dollar/rupee buy/sell swap auction scheduled for February 28, 2025, aimed at addressing liquidity shortages in t ...

The ED is probing that a portion of this money—specifically Rs 125 crore—was siphoned off and rerouted through a series of offshore companies, in violation of Foreign Exchange Management Act (FEMA) ...

India's foreign exchange reserves rose by $6.6 billion to $665.4 billion in the week ending March 28, marking the highest weekly increase in nearly five months, according to RBI data. This marks the ...

According to RBI data, forex reserves have cumulatively increased by USD 20.1 billion over the past three weeks, with about ...

The RBI is known for intervening in the forex market to manage the liquidity of the Rupee. The central bank’s intervention ...

India's forex reserves surge to $665.396 billion, highest in five months, as rupee gains and confidence in markets grows.