Finance Minister Nirmala Sitharaman has flagged persistent foreign capital outflows as one of the main risks for next year, even as she maintained that India’s underlying economic fundamentals remain sound.

The rupee strengthened sharply again on Wednesday morning, extending a three-session recovery as new Reserve Bank of India measures started squeezing some of the speculative dollar demand that had pushed

ICICI Bank mobilised approximately $17.88 billion through foreign-currency deposits from non-resident Indians under a special Reserve Bank of India swap facility, highlighting the scale of dollar inflows attracted by the

The Reserve Bank of India (RBI) recently shared updated figures regarding the circulation of Rs. 2000 banknotes in the country. On May 19th 2023, the RBI had announced that these

Shares of rate-sensitive companies surged in the wake of the Reserve Bank of India’s (RBI) decision to keep the repo rate steady at 6.5 percent for the fourth consecutive time.

“India’s forex reserves declined to the weakest level since July 24, 2020, amid the central bank’s intervention. This time, the value of dollar and gold assets both declined amid revaluation

Credit card issuers must make sure that the cardholder’s approved credit limit is not exceeded at any moment without first getting their express permission. The Reserve Bank of India (RBI)

The Reserve Bank of India on Monday illustrated it has assessed a monetary penalty for rule-breaking operations. Hissar Urban Cooperative Bank Ltd has been fined Rs 3 Lakhs and Andaman

RBI said the bank is committed to complying with the norms of Minimum Regulatory Capital, Net NPA, and Leverage ratio on an ongoing basis. It has also appraised the structural

In the RBI’s monthly bulletin released late Friday, the central bank said it will have to front-load its monetary policy to fight high inflation and shield medium-term growth. Inflation has

He stated that the corporation, which presently has nine directors on its board, aims to have at least one-third independent directors. B P Kanungo, a former deputy governor of the

The Reserve Bank of India put out an alert list of entities involved in forex transactions on unauthorized electronic trading platforms. Forex trading has been widespread in India after the