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

Starting in August, a collaborative customer identification initiative will be rolled out by Indian banks and insurers, featuring a system ...

First Abu Dhabi Bank is offering up to $1.5 billion in financing to non-resident Indians investing in India's foreign-currency deposit sche...

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

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

The Indian rupee remained largely unchanged on Thursday. Higher oil prices and central bank actions influenced its movement. Global tension...

The Reserve Bank of India sold $6.1 billion in foreign exchange during May. This intervention occurred as oil prices surged, pushing the ru...

The Indian rupee hit a two-month low on Wednesday amid rising oil prices spurred by worries over Middle Eastern supply disruptions. In an e...

Punjab National Bank is setting its sights on breaking into the elite group of the world's top 100 lenders in the near future. With a signi...

What makes the Indian currency more vulnerable than some of its Asian peers is the country’s reliance on imported energy and its ripple eff...

The Reserve Bank of India's special deposit scheme is successfully attracting significant foreign currency from overseas Indians. Banks hav...

The Indian rupee experienced a slight upturn on Tuesday, buoyed by the prospect of improved diplomatic relations between the U.S. and Iran,...

Markets declined on Monday due to disappointing earnings and geopolitical worries. CDSL faced a Rs 1 crore penalty from Sebi for cybersecur...

The Indian rupee fell to a two-month low against the dollar on Monday. This decline occurred despite significant interventions by the centr...

Banks anticipate a surge in FCNR-B deposits before the September deadline. Initial inflows have been below expectations, but partnerships a...

Indian state-run banks expect to raise nearly $30 billion through the RBI's subsidised NRI dollar deposit scheme by September 30, bankers t...

India and the UAE central banks have discussed regulatory hurdles affecting India's drive to attract foreign-currency deposits from NRIs in...