Recent foreign currency deposits could provide a short-term uplift to the growth patterns in bank lending. With the narrowing of differenti...

India aims to link its payment systems with trading partners in new agreements. This strategy seeks to make cross-border payments faster an...

The Reserve Bank of India will add five currency pairs—euro, British pound, Swiss franc, Canadian dollar and Emirati dirham—to its FX-Retai...

India's central bank is draining excess cash from banks using currency swaps. This action follows record high funds in the financial system...

At a time when a statement or missile can cause unexplained volatility, expecting rational behaviour in the equity markets is probably expe...

Foreign investors have sold Indian government bonds since August. Global yields have risen significantly, impacting investment decisions. B...

South Korea’s National Pension Service has suspended foreign exchange hedging as the won strengthened to a near two-year high against the d...

India's recent fundraising initiative among its diaspora is anticipated to incur significant expenses for the Reserve Bank of India. The un...

Naval Chief Admiral Krishna Swaminathan addressed newly commissioned officers at the Officers Training Academy in Chennai. He stressed that...

The FCNR(B) scheme’s $127 billion inflows should boost banking sector earnings by Rs 10,000–11,000 crore annually, despite potential near-t...

India’s balance of payments (BoP) is likely to post a $60-65 billion surplus in FY27, despite a widening current account deficit, HDFC Bank...

India's central bank secured record diaspora funds, exceeding projections significantly. This fundraising effort may incur substantial cost...

Thursday marked the fifth consecutive day of appreciation for the Indian rupee, which increased by fourteen paise, closing at 94.59 against...

GIFT IFSC banking units are channeling foreign-currency deposits into financing. These units funded fifty-two billion dollars of FCNR(B) de...

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

Japanese Credit Rating Agency has upgraded India's sovereign rating to A- from BBB+. This upgrade reflects solid economic growth and effect...

Japan Credit Rating Agency (JCR) has upgraded India’s sovereign rating by one notch to A- from BBB+, with a Stable outlook, citing sustaine...