The next 25 years in finance will prioritize intelligent scale, not just size. Artificial intelligence will be key for risk management and ...

The Reserve Bank of India's deputy governor stated that temporary curbs on banks' currency trading will be lifted soon. These measures were...

The Indian rupee weakened alongside other oil-sensitive Asian currencies, with expectations of central bank intervention to curb volatility...

The currency had closed Monday at 93.13/$. The rollback came after markets ended trading Monday. Bank treasury heads said they remain cauti...

The Reserve Bank of India has made a pivotal move by retracting its earlier April 1 directive, which had restricted banks from offering non...

Shapoorji Pallonji Group is currently navigating a challenging landscape, requiring additional time to fulfill a significant bond repayment...

Foreign banks are reportedly reclassifying arbitrage deals, impacted by RBI's rupee speculation clampdown, as hedges for capital from overs...

Indian companies rushed to the non-deliverable forwards market, trading over seven billion dollars on March 30. This surge followed Reserve...

The Reserve Bank of India is tightening oversight of foreign-exchange markets and non-deliverable forward (NDF) norms to curb rupee volatil...

Banks are urging the Reserve Bank of India for clarity on forward contract rules. Recent RBI directives aimed at curbing speculation could ...

The RBI’s measures to defend the rupee have had their desired effect, with the Indian currency staging a smart recovery. But do these measu...

The Reserve Bank of India has banned banks from offering or rebooking rupee non-deliverable forward contracts. This move widens the gap bet...

India's central bank has deployed crisis-era measures to stabilize the rupee, which hit an all-time low due to soaring oil prices and massi...

The Reserve Bank of India has tightened foreign exchange rules. Banks can no longer offer non-deliverable forward contracts to clients. Thi...

The Reserve Bank of India has tightened foreign exchange rules. Banks can no longer offer non-deliverable forward contracts involving the r...

These contracts can be issued to non-retail residents for hedging purposes and settled in Indian rupees, the Reserve Bank of India said in ...

The differential that used to be as high as 40 paise has shrunk to about 5 paise as domestic banks that could trade in the non-deliverable ...