This is the uncomfortable truth about company accounts. A number on a balance sheet is not always cash that will return, and a liability tu...

The Enforcement Directorate has initiated a FEMA probe into five companies located in Bengaluru for their alleged involvement in unauthoriz...

HDFC Bank has successfully raised $750 million in offshore bonds, marking the first to leverage the RBI's 1.5% fixed-rate swap for external...

Indians face a choice between traditional bank lockers and the government's DigiLocker for important documents. While DigiLocker offers con...

Many Indians face empty ATMs despite ample cash in circulation. This is due to serious disruptions in cash movement. UPI's rapid rise and i...

The Indian rupee saw little change on Wednesday. Traders noted oil price swings and strong dollar demand. The Reserve Bank of India likely ...

The Indian central bank likely intervened in the foreign exchange market on Wednesday to bolster the rupee, as maturing non-deliverable for...

Public sector units like PFC, REC, and NaBFID are poised to increase their External Commercial Borrowings (ECBs) to leverage the RBI's 1.5%...

On Tuesday, bank stocks rocketed upwards following strategic interventions by the Reserve Bank of India aimed at shielding foreign currency...

The 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...

India's foreign exchange reserves saw a slight increase of $938 million, reaching $682 billion by May 29. This rise occurred despite a sign...

The Indian rupee and dollar-rupee forward premiums declined as importer hedging, foreign portfolio outflows, and likely central bank interv...

The Indian rupee remained stable on Wednesday, supported by central bank intervention in spot and forward markets. Dollar sales from state-...

The settlement of the initial leg of the FX swap will take place on Friday, through which the RBI will inject rupee liquidity into the bank...

The Indian rupee weakened against the dollar as crude oil prices surged amid fading hopes for a U.S.-Iran peace deal. State-run banks inter...

The swap comes at a time when the central bank continues to defend a rapidly weakening rupee by selling dollars from forex reserves. Such a...

The RBI will conduct a $5 billion USD/INR buy-sell swap auction on May 26 to inject long-term liquidity into the banking system and strengt...