Banks are raising returns on FCNR(B) deposits after the RBI eased norms to attract foreign currency inflows. Ujjivan Small Finance Bank now...

The Reserve Bank of India's new concessional forex swap facility is set to significantly lower borrowing costs for government-owned financi...

India's UPI is set for a global upgrade! The National Payments Corporation of India (NPCI) has partnered with HSBC India and J.P. Morgan Pa...

The Reserve Bank of India's net short forward position in the currency market surged to a record $106.6 billion in May, indicating signific...

The European Securities and Markets Authority has granted essential recognition to India's Clearing Corporation, putting an end to a prolon...

India's financial system remains robust, with bank NPAs hitting a multi-decade low of 1.8%. Despite global uncertainties and rising oil pri...

India's economy faces potential exchange rate volatility due to rising oil prices and supply chain issues, an RBI report revealed. Despite ...

State Bank of India has successfully raised $300 million by issuing three-year senior unsecured floating-rate bonds in overseas markets. Th...

India's external debt reached $762.8 billion by March 2026, a rise of $26.3 billion year-on-year, pushing the debt-to-GDP ratio to 20.8%. T...

Returning Indians face new tax filing complexities. Foreign retirement accounts now necessitate the more detailed ITR-2, moving away from t...

The Reserve Bank of India's recent measures to boost dollar inflows are a temporary fix, economists warn. While these steps aim to stabiliz...

Indian exporters are urging the Reserve Bank of India to reconsider revised FEMA regulations, citing potential disruptions to trade and liq...

India's foreign exchange reserves saw a healthy uptick of $963 million, reaching $671.63 billion by June 19, 2026, as per RBI data. This ro...

The Reserve Bank of India is pushing banks to offer better foreign exchange rates for individuals and small businesses. A new platform allo...

The Reserve Bank of India has updated foreign exchange exposure rules for banks. These changes simplify calculations by merging onshore and...

A government committee reviewing India’s Special Economic Zone (SEZ) policy will hold a stakeholder meeting on June 30 to examine how free ...

RBI Governor Sanjay Malhotra stated that discussions on interest rate hikes are premature, emphasizing that the central bank will monitor i...