The Reserve Bank of India likely sold U.S. dollars before the local spot market opened on Friday to support the rupee, ...

India added around USD 58 billion to its foreign exchange reserves, contrasting with a cumulative decline of USD 71 billion ...

India's foreign exchange reserves extended their losing streak for a sixth straight week and stood at a 10-month low of ...

India's central bank said on Wednesday it will conduct variable rate repo (VRR) auctions on all working days until further ...

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 ...

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 ...

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 ...

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.

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 ...