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

The 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...

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

Rajesh Palviya, Head of Research at Axis Direct, believes another US rate hike could tighten global financial conditions, strengthen the do...

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

India's foreign exchange reserves faced a considerable downturn last week, plunging by $4.9 billion to a total of $780.7 billion. This decr...

On Wednesday, the Indian rupee maintained its position at 95.95 against the US dollar, thanks to the central bank's dollar sales which help...

The rupee is expected to trade within a narrow range over the medium term. Stepped-up Reserve Bank of India interventions have helped curb ...

The 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...

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

Bank deposits grew 17.8% year-on-year at the end of August, the fastest pace in a decade, driven largely by a surge in FCNR-B deposits afte...

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 ...

India's foreign-exchange reserves surged to a record $785.706 billion. This surge was driven by a dedicated dollar-mobilisation programme a...

India's foreign exchange reserves reached a record $785.71 billion. This surge followed a significant increase in the previous week. Foreig...

State Bank of India anticipates deploying foreign currency deposits over three months. The bank is enhancing artificial intelligence adopti...

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...

Banks mobilized over $127 billion from FCNR(B) deposits by August 31. Total dollar inflows reached $136.37 billion through special schemes....