Banks will benefit from new Reserve Bank of India rules. Swap deals for foreign currency funds will not count towards their overnight forei...

The Reserve Bank of India will maintain its restriction on banks' net open positions. Governor Sanjay Malhotra confirmed no plans exist to ...

China's yuan reached a three-year high against the dollar as investors awaited outcomes from the Xi-Trump summit. While stock markets saw p...

In recent interactions with RBI, officials of big state-owned and private sector banks have suggested a dynamic regulation on the unhedged ...

In a bold call to action, Reserve Bank of India Governor Sanjay Malhotra challenged Indian banks to step up as global market-makers for the...

Foreign banks are reportedly reclassifying arbitrage deals, impacted by RBI's rupee speculation clampdown, as hedges for capital from overs...

Banks have largely exited Indian rupee arbitrage trades, complying with the Reserve Bank of India's $100 million net open position limit. T...

Indian companies rushed to the non-deliverable forwards market, trading over seven billion dollars on March 30. This surge followed Reserve...

The Reserve Bank of India is tightening oversight of foreign-exchange markets and non-deliverable forward (NDF) norms to curb rupee volatil...

The RBI’s measures to defend the rupee have had their desired effect, with the Indian currency staging a smart recovery. But do these measu...

The Reserve Bank of India has tightened foreign exchange rules. Banks can no longer offer non-deliverable forward contracts to clients. Thi...

The Reserve Bank of India ⁠on Wednesday ⁠directed authorised dealers to stop offering non-deliverable ⁠derivative contracts involving the I...

The Reserve Bank of India has tightened foreign exchange rules. Banks can no longer offer non-deliverable forward contracts involving the r...

New RBI curbs on net open rupee positions created volatility in dollar-rupee forwards. Initially, the gap between domestic and overseas rat...

The Indian rupee faced pressure on Monday. Corporates exploited arbitrage opportunities between onshore and non-deliverable forward markets...

Reserve Bank of India has introduced a bold new daily limit on the open rupee positions held by banks, aiming to counteract the rupee's wea...

The Reserve Bank of India has set a new limit for banks on their foreign currency dealings in the rupee. This move aims to control speculat...