Reserve Bank Governor Sanjay Malhotra stated that a rate hike is premature, emphasizing the central bank's cautious, data-dependent approac...

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

Indian banks can now lend against FCNR(B) deposits, with the RBI offering forex swaps only on the principal amount. This move aims to attra...

Indian banks can now offer loans to non-residents and issue standby letters of credit against FCNR(B) deposits under a new RBI swap facilit...

Economists are increasingly pushing back expectations of a Reserve Bank of India (RBI) interest rate hike, with many now seeing any tighten...

The MPC members had voted for a status quo in the June policy, citing resilient growth and the need to assess inflation impact while statin...

Falling crude oil prices might boost growth beyond central bank forecasts, potentially easing rate hike needs. However, supply chain disrup...

Indian government bonds traded cautiously early Monday, as concerns over U.S.-Iran tensions tempered relief from falling oil prices. While ...

The Reserve Bank of India is expected to maintain its wait-and-watch stance and keep the repo rate at 5.25 per cent in coming meetings as t...

South Indian Bank has boosted interest rates on US dollar deposits for Non-Resident Indians to 6.5% per annum for 3-5 year tenures. This mo...

The Reserve Bank of India's Monetary Policy Committee maintained the repo rate at 5.25% with a neutral stance. External member Saugata Bhat...

India's foreign exchange reserves saw a dip of nearly $10 billion to $671.63 billion in the week ending June 12, 2026. This decline was pri...

The Indian rupee maintained steady ground against the dollar last Friday, closing almost flat. The day’s trading featured some ups and down...

The dollar continues to exhibit resilience against key global currencies, largely fueled by the ongoing unpredictability of a potential U.S...

The rupee strengthened by 20 paise to 94.20 against the US dollar in early trade on Friday, fueled by optimism surrounding India-US trade n...

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...

The Reserve Bank of India has eased interest rate rules for overseas deposits. This allows banks to offer better returns on FCNR(B) and NRE...