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RESERVE BANK OF INDIA NEWS
Rupee likely to trade in Rs 94.5-96 range in near term as dollar inflows fail to lift currency: ReportThe 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...- Mortgage rates today September 25: 30-year rises above 7.4%, 15-year climbs to 6.647% - here’s what borrowers need to know and why mortgage rates are going higherMortgage rates today September 25: Mortgage rates have risen significantly, with the average 30-year purchase mortgage now standing at 7.47...
- RBI fixes H2 Ways and Means Advances limit for government at Rs 50,000 crThe Reserve Bank of India has set the WMA limit for the second half of 2026-27 at Rs 50,000 crore. This decision aims to assist the central...
- Bank deposits, credit shrink in fortnight to September 15Outstanding bank deposits and advances declined significantly during the fortnight ending September 15. Deposits fell by Rs 2.49 lakh crore...
- ICAI tells members to complete statutory compliance before nationwide bank strikeBank employee unions have called the three-day strike, during which branch operations across public sector banks are expected to remain dis...
- India's forex reserves fall $14.88 billion to $765.90 billion in week ended September 18India's foreign exchange reserves decreased by $14.88 billion, bringing the total to $765.90 billion. The decline occurred during the week ...
- India’s external pressures persist despite forex swap inflows, says NageswaranIndia's Chief Economic Advisor V Anantha Nageswaran highlighted ongoing balance of payments pressures amid increased foreign capital inflow...
- Bank Strike Dates: Are private banks also closed from September 28–30? Know which banks may be affected and what customers should doA significant bank strike is set to unfold nationwide from September 28 to 30, leading to substantial service interruptions in public secto...
- Safety most important in managing forex reserves says RBI Deputy Governor Rohit JainRBI Deputy Governor Rohit Jain stated that safety is the highest priority when managing foreign exchange reserves. Liquidity and return are...
- Rupee declines to one-week low as oil rally fans global rate hike worriesThe Indian rupee has fallen to its lowest point in a week, fueled by escalating oil prices and inflation worries. Although dollar sales by ...
- Bank strike reason: Why are employees going on a strike from September 28 and threatening indefinite strike from October 26?Bank strike demands: Public sector bank employees are scheduled to go on strike from September 28 to 30. The demands include implementing a...
- Rupee has scope to stabilise, appreciate: RBI deputy governor Poonam Gupta"One may think of the cumulative depreciation of the INR in the past year and a half to be a temporary phenomenon," she said. "If anything,...
- School assembly headlines for September 24: Top India, international, business and sport newsSchool assembly news for September 24 includes major weather alerts in India, developments at the United Nations, new medal achievements by...
- Bank strike update: Are banks open this Saturday and Sunday? Here's what Rbi says after union allows employees to attend officeIn a proactive measure, the Reserve Bank of India has granted approval for banks to remain open on Sunday, September 27, 2026. This strateg...
- Banks to remain open on Sunday, September 27? Finance ministry issues key update to assist customersThe Finance Ministry has announced that all Public Sector Banks and Regional Rural Banks will operate normally on September 27. This decisi...
- CD rates diverge as liquidity surges, rate hike bets riseWithin the Indian financial landscape, the contrast between short- and long-term certificate of deposit rates is becoming increasingly evid...
- RBI warns banks against a loan price warIn situations where banks are inundated with liquidity, the natural tendency among many lenders is to push loans and go down the credit mat...
- India bonds rally as oil below $100 calms inflation jittersIndia, which imports roughly 90% of its crude oil needs, is particularly exposed to swings in global oil prices, with elevated oil prices a...
- India's forex reserves drop $4.92 billion to $780.78 billion as of September 11India's foreign exchange reserves saw a significant decrease of $4.92 billion. This decline brought the total reserves down to $780.78 bill...
- Rupee down nearly 6% in 2026, further weakening possible: Axis BankThe rupee may need further depreciation to address trade shocks. Its real effective exchange rate has fallen to a 2013 taper tantrum level....
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