Banks likely to deploy FCNR(B) liquidity in coming months as festive credit demand rises: RBI Deputy GuvReserve Bank Deputy Governor Rohit Jain stated that banks are expected to deploy additional liquidity from FCNR(B) deposits. This deploymen...
24 Sep, 2026, 07.41 PM IST
Safety most important in managing forex reserves says RBI Deputy Governor Rohit JainRBI Deputy Governor Rohit Jain stated that safety is the highest priority when managing foreign exchange reserves. Liquidity and return are...
24 Sep, 2026, 06.23 PM IST
Rupee falls 22 paise as crude, dollar demand riseThe rupee weakened 22 paise to 95.96 per dollar as strong importer demand, rising crude prices and global bond yields pressured the currenc...
24 Sep, 2026, 06.02 PM IST
Government also worried about rupee depreciation, says Piyush GoyalPiyush Goyal stated the Indian government understands investor worries over rupee depreciation. He also confirmed that the government share...
22 Sep, 2026, 02.15 PM IST
FCNR(B): Has RBI bought forex stability at too high a cost?The FCNR(B) scheme attracted significant foreign currency deposits for the RBI. These deposits bolstered forex reserves and stabilized the ...
21 Sep, 2026, 11.15 PM IST
RBI revises FCNR(B) inflows upwards to USD 133 billion after robust response from NRIsRBI revised FCNR(B) deposit collections upwards to USD 133 billion. The scheme's closing date was advanced by one month following a strong ...
21 Sep, 2026, 09.03 PM IST
RNFI Money gets RBI approval to undertake cross-border trade remittancesRNFI Money, a wholly owned subsidiary of RNFI Services, has received RBI approval to undertake cross-border trade remittances. The licence ...
21 Sep, 2026, 08.44 PM IST
Forex inflows under RBI swap facility rise to USD 143.6 billionThe Reserve Bank of India said foreign exchange inflows under its special USD-INR forex swap facility rose to USD 143.596 billion as of Aug...
21 Sep, 2026, 08.02 PM IST
ETMarkets Smart Talk | Higher US rates could accelerate capital flight from EMs, but India remains better insulated: Rajesh PalviyaRajesh Palviya, Head of Research at Axis Direct, believes another US rate hike could tighten global financial conditions, strengthen the do...
21 Sep, 2026, 09.37 AM IST
Oil prices key external risk, but yet to derail growth outlook: Radhika Rao, Executive Director & Senior Economist, DBS Bank"In the near term, priorities will be to manage liquidity, gradually lower the sizable forwards book and support the domestic currency. Lon...
21 Sep, 2026, 12.28 AM IST
India's forex reserves drop by $4.9 billionIndia's foreign exchange reserves faced a considerable downturn last week, plunging by $4.9 billion to a total of $780.7 billion. This decr...
19 Sep, 2026, 09.37 AM IST
Moody's raises India's FY27 economic growth forecast to 7% citing resilience, but warns of inflation risksMoody's Ratings increased India's economic growth forecast for fiscal year 2027 to seven percent. The agency cited the nation's resilience ...
19 Sep, 2026, 12.30 AM IST
India's forex reserves drop $4.92 billion to $780.78 billion as of September 11India's foreign exchange reserves saw a significant decrease of $4.92 billion. This decline brought the total reserves down to $780.78 bill...
18 Sep, 2026, 05.41 PM IST
Rupee slumps 38 paise to close at 95.92 against US dollarThe rupee fell 38 paise to close at 95.92 against the US dollar on Tuesday. Escalating Middle East conflict and soaring Brent crude oil pri...
15 Sep, 2026, 04.11 PM IST
India's forex reserves surge $44.9 billion to record $785.7 billion, fourth largest globallyIndia's foreign-exchange reserves surged to a record $785.706 billion. This surge was driven by a dedicated dollar-mobilisation programme a...
11 Sep, 2026, 06.43 PM IST
India's forex reserves jump $44.90 billion to record $785.71 billion as of September 4India's foreign exchange reserves reached a record $785.71 billion. This surge followed a significant increase in the previous week. Foreig...
11 Sep, 2026, 05.05 PM IST
India's forex reserves rise by $11.47 billion to hit record high of $740.80 billion as of August 28India's foreign exchange reserves saw a substantial increase of $11.475 billion. This brought the total reserves to $740.8 billion by Augus...
04 Sep, 2026, 05.40 PM IST