Indian lenders suggested forex sell/buy swaps to reduce excess rupee liquidity. This proposal came after a meeting with the Reserve Bank of...

India's rupee has seen a remarkable increase following a significant capital boost from the Reserve Bank of India, which successfully raise...

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

India's banking system attracted over $136 billion through a special Reserve Bank of India swap facility. Foreign currency non-resident dep...

With India's robust economic expansion comes a pressing need to manage foreign exchange effectively. Zoho's Sridhar Vembu emphasizes that a...

India's current account deficit reached $4.2 billion in the first quarter of the fiscal year. This widening was primarily driven by a highe...

Jewellery stocks fell after Prime Minister Narendra Modi urged citizens to avoid non-essential gold purchases. The appeal, aimed at conserv...

Operating under a fresh local entity fully registered with India's Financial Intelligence Unit (FIU-IND) and compliant with local tax frame...

The Reserve Bank of India reported that its foreign exchange forward position hit a new record in July, fueled by enticing measures that dr...

India's foreign exchange reserves achieved a historic high of $729.3 billion by August 21, fueled by substantial NRI deposits under a speci...

India's foreign exchange reserves have reached an all-time high of $729.328 billion. This surge marks a significant build-up in the nation'...

India's central bank is intensifying efforts to support the rupee. Foreign deposit inflows have bolstered the Reserve Bank of India's inter...

India has received $72.8 billion in dollar inflows through FCNR(B) deposits, external commercial borrowings and overseas foreign currency b...

India's foreign exchange reserves rose over $9 billion in the week ending August 14. Foreign currency assets and gold reserves significantl...

India's foreign exchange reserves jumped $9.905 billion to $716.90 billion in the week ended August 14, RBI data showed. Reserves had risen...

Local currencies will increasingly drive cross-border trade and payments, reducing costs and improving efficiency. Technology will be lever...

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