India's forex reserves drop $711 million to $681.610 billion, RBI data showsIndia's foreign exchange reserves saw a dip of $711 million, settling at $681.610 billion by June 5. This decline was primarily driven by a...
12 Jun, 2026, 05.36 PM IST
Top Indian state lenders eye first dollar bonds since RBI subsidy, sources sayState Bank of India and Bank of Baroda are stepping into uncharted territory as the inaugural users of the Reserve Bank of India's fresh su...
12 Jun, 2026, 02.37 PM IST
Bank credit grows over 17% in May, extending double-digit rise for 9th month in a rowBank credit saw a strong 17.44 percent growth in May. This marks the ninth straight month of double-digit expansion. Demand for loans from ...
11 Jun, 2026, 09.11 PM IST
Asia’s currency fight moves offshore as central banks push backAsian central banks are intensifying efforts to curb offshore forex speculation as external pressures like high oil prices and a strong dol...
11 Jun, 2026, 01.22 PM IST
RBI allows banks to lend directly to REITs & InvITs, caps applyThe Reserve Bank of India now permits banks to directly fund Real Estate Investment Trusts and Infrastructure Investment Trusts. Strict rul...
11 Jun, 2026, 01.02 AM IST
RBI issues draft CCR framework aligned with global standardsThe Reserve Bank of India has released draft rules for banks. These rules cover how banks calculate risks from derivative deals. They also ...
11 Jun, 2026, 12.55 AM IST
FX swap window may spur PSU rush for overseas loansPublic sector units like PFC, REC, and NaBFID are poised to increase their External Commercial Borrowings (ECBs) to leverage the RBI's 1.5%...
10 Jun, 2026, 09.31 AM IST
India 10-year bond logs best close in 7 weeks as oil prices easeThe Indian bond market celebrated a notable milestone, achieving its highest closing point in seven weeks, primarily thanks to the recent d...
09 Jun, 2026, 05.38 PM IST
From tax exemption to FCNR(B) deposits: How India is trying to attract foreign capitalIndia is taking steps to attract foreign investment and boost its economy. The Reserve Bank of India and the government have introduced new...
09 Jun, 2026, 05.20 PM IST
RBI offers concessional swaps, allows leverage for NRI deposits to drive forex inflowsThe Reserve Bank of India has introduced new foreign exchange measures. These include special swap facilities to encourage state-owned comp...
09 Jun, 2026, 10.45 AM IST
Deposits under RBI's latest foreign currency non-resident bank scheme will carry one-year lock-inThe Reserve Bank of India's new FCNR-B scheme offers a one-year lock-in for deposits and mandates non-cancellable swaps for banks. This ini...
09 Jun, 2026, 09.21 AM IST
RBI opens a dollar swap window to help hedge foreign borrowingsThe Reserve Bank of India is introducing a dollar-rupee swap facility for banks. This move aims to help state-run firms and lenders hedge t...
09 Jun, 2026, 12.31 AM IST
RBI offers concessional swaps for PSUs, NRI deposits to drive forex inflowsThe Reserve Bank of India has introduced new foreign exchange measures. These include offering special swap facilities to encourage state-o...
08 Jun, 2026, 09.47 PM IST
Banks to be told to step up FCNR (B) depositsBanks will now encourage more foreign currency deposits. The Reserve Bank of India will cover all hedging costs for these deposits. This mo...
08 Jun, 2026, 01.12 AM IST
Rupee slide pushes overseas students back to lenders for top-up loansA significant rupee depreciation has forced Indian students studying abroad to seek top-up loans from lenders, as initial loan amounts fall...
07 Jun, 2026, 06.00 AM IST
India's forex reserves rise $938 million to $682 billion despite RBI's $5 billion swapIndia's foreign exchange reserves saw a slight increase of $938 million, reaching $682 billion by May 29. This rise occurred despite a sign...
06 Jun, 2026, 01.13 AM IST
RBI raises investment limits for NRIs, OCIs; Extends equity route to overseas individualsThe Reserve Bank of India has increased investment limits for Non-Resident Indians and Overseas Citizens of India in stock market equity in...
05 Jun, 2026, 11.00 AM IST