RBI Governor Sanjay Malhotra defended the FCNR(B) deposit scheme's early closure. He stated the decision was data-driven and a prudent cali...

FCNR(B) deposits: In FY27, India is anticipated to enjoy a balance of payments surplus amounting to USD 50 billion, driven by robust foreig...

The Indian government bond market experienced a dip in demand on Monday, leading to higher yields. In an unexpected move, the central bank ...

Early Monday saw a dip in demand for Indian government bonds following the RBI's closure of its swap window. This decision caused the bench...

The Reserve Bank of India shortened its zero-cost FX swap facility for banks. This action followed substantial foreign deposit inflows from...

The Reserve Bank of India has stepped in, providing crucial support for the rupee amidst global economic uncertainties. State-run banks are...

India’s Sensex has delivered an extraordinary 8,500% gain since the 1991 economic reforms, compounding at about 14% annually. Despite scams...

2026 Independence Day: India's public sector, initially built for industrial necessity, is now undergoing a significant transformation. The...

India faced a significant balance of payments deficit in the first quarter, reaching $8.1 billion. This setback was predominantly due to ca...

The Reserve Bank of India has moved the FCNR(B) deposit deadline to August 31 in response to better-than-expected foreign currency inflows....

The Reserve Bank of India has shortened the swap facility window for FCNR(B) deposits. This decision comes after observing higher-than-expe...

India's balance of payments account recorded an $8.1 billion deficit in the first quarter. This shift occurred as overseas investors withdr...

In 1968, the Gold (Control) Act restricted gold ownership and capped jewellery purity at 14 karats to curb imports and conserve foreign exc...

Concessional swap windows are expected to draw substantial capital inflows for India. These measures are projected to generate ninety to ni...

Central Bank of India has successfully mobilized $250 million under the RBI's FCNR-B window, surpassing its internal target of $100 million...

The government appears to be shifting its focus from attracting short-term foreign capital to securing long-term foreign investment as it s...

The Reserve Bank of India will not close the swap window early. Robust foreign currency inflows have strengthened India's balance of paymen...