RBI asks banks to install fake currency detection machines at branches along international bordersThe Reserve Bank of India has directed banks to enhance counterfeit note detection. Branches near international borders must now have note ...
31 Jul, 2026, 05.20 PM IST
RBI ask banks to speed up inward foreign payments with faster alerts, one-hour reconciliationThe Reserve Bank of India has issued new directives to banks. These rules aim to speed up inward cross-border payments. Customers will be n...
09 Apr, 2026, 08.23 PM IST
RBI's weekend move bought some relief, but no end to Re depreciation pressure, says Naveen MathurThe Indian rupee experienced a brief appreciation after the RBI's intervention to curb speculative dollar buying. However, structural headw...
31 Mar, 2026, 11.08 AM IST
RBI's decision on LRS enhances attractiveness of GIFT IFSC: Tapan RayRBI said it has been decided that "authorised persons" may facilitate remittances for all permissible purposes under LRS to IFSCs for avail...
11 Jul, 2024, 04.58 PM IST
FX derivatives fiasco puts spotlight on regulatory risk in IndiaUntil recently, traders were betting freely on the rupee’s rise and fall without holding underlying assets. A rule that allowed transaction...
12 Apr, 2024, 08.20 AM IST
Killing a market, softly: How an RBI communique could end India's thriving ETCD marketRBI faces queries on India's ETCD market impact after Dubai's rupee-dollar futures launch. Market's growth raised liquidity, regulatory con...
07 Apr, 2024, 11.07 PM IST
RBI defers implementing FX derivatives rules to May 3RBI had tightened rules on currency derivatives with the aim of curbing speculative trading. This would offer some short-term relief as mar...
04 Apr, 2024, 06.00 PM IST
RBI rule pushes up gold hedging on commexesFor instance,one of the smelters hedges its total bullion output on the bourse.
20 Feb, 2019, 07.58 AM IST
Card-based overseas forex trading bannedThe RBI has directed banks to close cards or accounts of resident Indians using overseas forex trading.
18 Sep, 2013, 02.44 AM IST
Supreme Court adds heft to reforms by refusing to stay FDI in retail, aviation, broadcasting and powerThe Supreme Court on Monday refused to countenance a plea to stay the recent press notes permitting FDI in retail, aviation, broadcasting a...
16 Oct, 2012, 05.01 AM IST
- RBI relaxes norms on forex exchange earning retention
The latest decision will help exporters and corporates save conversion fee and enable them to hedge against volatility in forex market.
31 Jul, 2012, 08.55 PM IST
Thomas Cook valuation may be hit as rivals get forex licenceMost analysts have stopped tracking Thomas Cook shares, while the few who still do are yet to figure out the full implications of RBI's dec...
11 Apr, 2012, 04.14 AM IST
- RBI allows co-op banks to fix NRE deposit rates
The Reserve Bank today allowed cooperative and primary urban cooperative banks to fix their interest rates on various non-resident deposit ...
28 Dec, 2011, 10.55 PM IST
RBI frees rates on NRI deposit schemes; move to stem rupee fallRBI freed interest rates on various NRI deposit schemes, a move that will help attract more funds and arrest the slide in rupee in the fore...
24 Dec, 2011, 11.09 AM IST
- No online payment for forex trade: RBI to credit card firms
Amid introduction of illegal online forex trade by certain companies, the Reserve Bank has asked credit card issuing companies to not permi...
10 Apr, 2011, 03.05 PM IST
- World's on a boil, but RBI staff will strike work on Tuesday
For the first time in 13 years, officers and staff at the Reserve Bank of India (RBI) have jointly called for a strike to press for their p...
17 Oct, 2008, 12.00 AM IST
No routing of funds via offshore armsMUMBAI: The Reserve Bank of India has put curbs on overseas investments by defaulters and domestic companies routing funds through offshore...
21 Feb, 2002, 04.25 AM IST