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RESERVE BANK OF INDIA
RBI's forex forward book swells to record $136.7 billionThe Reserve Bank of India reported that its foreign exchange forward position hit a new record in July, fueled by enticing measures that dr...
Muthoot Finance approves Muthoot Money merger to create larger gold loan businessIn a move to strengthen its market position, Muthoot Finance plans to incorporate Muthoot Money, its wholly-owned subsidiary, into its oper...
Banking system surplus liquidity reaches Rs 5 lakh crore, highest in over four monthsBy the close of August, liquidity within the banking sector surged to close to Rs 5 lakh crore, fueled by government spending and inflow of...
Govt reforms, agile economic management bearing results: Nirmala Sitharaman on 7.8 pc Q1 GDP growthIndia's real GDP grew 7.8 percent in the April-June quarter. This performance exceeded the Reserve Bank of India's earlier growth forecast....
India rupee hits near four-week high on equity-related flows, RBI support; logs monthly riseThe Indian rupee hit its highest level in almost four weeks against the US dollar, buoyed by fresh investments due to stock index adjustmen...
India bonds slump on Fed rate hike bets, benchmark trades at discountIndian government bonds faced a downturn on Monday as yields spiked significantly. Hawkish statements from the head of the U.S. Federal Res...
Short-term rates ease as banks see surge in dollar depositsLarge banks secured significant dollar deposits, easing short-term borrowing costs for smaller institutions. This influx of funds has boost...
FCNR inflows may delay rate hikes, but banks face margin pressure: ReportForeign currency inflows have eased financial conditions for the Reserve Bank of India. This temporary relief allows the central bank to de...
RBI plans buyback of Rs 30,000 crore G-SecsThe Reserve Bank of India has announced a buyback of government securities amounting to Rs 30,000 crore, targeting those set to mature in t...
Bank credit, deposits decline in fortnight ended August 15: RBI dataBanking sector saw deposits withdrawn and credit outstanding decrease in the fortnight. Banks are not renewing bulk deposits, opting for fo...
India's forex reserves hit record high of $729.33 billion after $12.4 billion weekly jumpIndia's foreign exchange reserves have reached an all-time high of $729.328 billion. This surge marks a significant build-up in the nation'...
Rupee gains this week as dollar supply surges ahead of deposit window's closeThe Indian rupee managed to finish higher on Friday, achieving a weekly upswing bolstered by a jump in dollar liquidity as a special deposi...
India 10-year yield at more than two-month peak on supply, Warsh speechIndian government bonds extended losses, pushing the ten-year yield higher. Global markets await Federal Reserve Chair Kevin Warsh's speech...
India bonds wobble as supply, RBI cash-drain risks loomOn Thursday, investor appetite for Indian government bonds dwindled amidst fears of increased supply and concerns over RBI's liquidity stan...
India bonds decline as debt supply caution overpowers oil movesIndian government bonds fell on Thursday, opening flat before succumbing to pressures from heavy debt supply despite declining oil prices. ...
NRI deposit inflows dip 23%; FCNR draws 124% moreNon-resident Indian deposits saw a significant year-on-year decrease in the first quarter. However, overall outstanding NRI deposits experi...
RBI warns food, fuel costs could reignite broader inflationMost high-frequency indicators showed sustained manufacturing and services activity in July. Merchandise exports and imports experienced do...
RBI’s great dollar haul: Where are the $73 billion going?India has mobilised about $73 billion in foreign currency in under 11 weeks, largely through FCNR(B) deposits, yet the rupee remains near ₹...
India 10-year bond yield clings to 6.85%; traders eye oil moves amid sanctions threatIndian government bonds remained steady as traders awaited oil price movements. US sanctions on Iran could impact global crude prices signi...
India raises $72.8 billion via overseas deposits, loans, central bank saysIndian banks have raised over seventy-two billion dollars through overseas borrowings. These funds were secured from non-resident Indians a...