Economists predict the Reserve Bank of India will maintain its key interest rate at 5.25% through year-end. This decision comes as the cent...

Market participants expect the reserves to rise going ahead as inflows from the foreign currency non resident bank FCNR(B) deposits start t...

Banks across India will remain closed on Saturday? Reserve Bank of India guidelines mandate banks close on second and fourth Saturdays. Dig...

In a notable development, India's forex reserves have increased by over one billion dollars, driven primarily by a growth in foreign curren...

ICICI Bank successfully issued a five-year dollar bond worth $1 billion, achieving a notably tighter spread. This offering stands as the la...

On Friday, the Indian rupee dodged a plunge to record lows thanks to decisive action by the Reserve Bank of India. State-run banks stepped ...

The European Central Bank may increase minimum reserve requirements for commercial banks. This move could reduce interest payments made to ...

The Reserve Bank of India intervened by selling dollars to prevent the rupee from reaching a record low. Surging oil prices and declining s...

Mumbai banking system liquidity has fallen to its lowest point since late June. This deficit is attributed to increased credit growth and c...

On Thursday, the Indian rupee hovered close to a two-month low, influenced by potential intervention from the central bank to counteract ri...

ICICI Bank is returning to dollar debt markets after nine years. The lender seeks to raise at least $500 million through a five-year bond. ...

Foreign banks showed strongest policy easing transmission during the rate-cut cycle. They lowered lending rates more sharply than other ban...

Reserve Bank of India likely used deposit inflows to reduce its forward book. This action helped the central bank manage its near-term doll...

India's currency printing arm is exploring polymer banknotes for future use. These notes offer enhanced durability and security features fo...

Corporate lending at top Indian private banks surged significantly in the June quarter. This corporate loan growth far outpaced retail cred...

As with the toilet-paper frenzy at the start of the Covid-19 pandemic, and drivers pre-emptively filling their tanks on reports of the US-I...

India's currency printing authority is now on the lookout for international suppliers of polymer banknote material, signaling a significant...