Banks have approached the Reserve Bank of India to request changes to the 20% cash deposit mandate. They propose that a flat charge replace...

For the last two years, one sector where actual performance has been better than expected has been banking. Yes, there were exceptions amon...

The Indian rupee and government bonds are set to face challenges as oil prices climb. Global bond yields have surged to multi-year peaks, c...

India’s online betting ban has failed to eliminate illegal gambling, with offshore networks continuing operations despite strict laws. The ...

The rupee is expected to fluctuate between Rs 94.5 and Rs 96 against the US dollar in the short term. Despite significant dollar inflows vi...

The rupee’s decline over the past four years reflects a complex interplay of fundamentals, RBI intervention and market sentiment. A Bank of...

Reserve Bank Deputy Governor Rohit Jain stated that banks are expected to deploy additional liquidity from FCNR(B) deposits. This deploymen...

In situations where banks are inundated with liquidity, the natural tendency among many lenders is to push loans and go down the credit mat...

RNFI Money, a wholly owned subsidiary of RNFI Services, has received RBI approval to undertake cross-border trade remittances. The licence ...

Indian investors holding SpaceX shares are seeking legal advice on compliance. These investors received SpaceX shares directly from offshor...

HSBC forecasts that foreign currency deposits will significantly enhance its operations in India. By securing $14.5 billion through a speci...

The US Federal Reserve is widely expected to raise interest rates for the first time in three years, as persistent inflation, higher oil pr...

A record Rs.10 trillion-plus surplus is lowering borrowing costs, but complicating RBI’s inflation fight.

The Reserve Bank of India is set to issue bonds valued at one trillion rupees to help manage surplus liquidity in the banking sector. This ...

Reserve Bank of India Deputy Governor Rohit Jain addressed emerging technology risks. He noted speed, concentration, and opacity as key con...

The Reserve Bank of India may not need to raise the cash reserve ratio (CRR) in the immediate term as the banking system's surplus liquidit...

By the end of August, India recorded an unprecedented $740.8 billion in foreign-exchange reserves, which has significantly fortified the va...