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Rupee boxed in range; traders focus on oil, outflows and RBI's defenceThe Indian rupee had a day of modest variability against the dollar on Tuesday, finishing the day almost unchanged. Major external challeng...
Indian lenders defer dollar debt sale plan as rates turn expensiveAmidst rising US Treasury yields and a depreciating rupee, multiple Indian banks, such as Canara Bank, PNB, and Bank of India, are delaying...
Resist temptation to defend ₹ at any cost: Raghuram Rajan cautions India against excessive use of forex reservesRaghuram Rajan said India should avoid aggressively defending the rupee amid the current depreciation spree, stressing that a weaker rupee ...
Indian bonds tick up on calm oil before Fed verdictIn early trade, Indian government bonds improved as oil prices found stability after last week's surge. Traders remained cautious ahead of ...
India bonds give up gains as high oil prices weighIndian government bonds declined on Monday due to rising oil prices affecting market sentiment and the rupee. The rupee fell for the third ...
Oil, US Treasuries prop up Indian bondsIndian government bonds increased in early trading as oil prices declined, following a previous rally. The Brent crude price slipped signif...
PM Modi inaugurates RBI’s Rs 169-crore data centre, cybersecurity institute in OdishaPrime Minister Narendra Modi inaugurated the newly established Reserve Bank of India's data centre and Cybersecurity Training Institute in ...
RBI’s forward dollar sales surge to record $200 billion in AugustThe Reserve Bank of India recorded a net purchase of $43.26 billion in August's foreign exchange market. This was done to manage significan...
Saturday bank holiday today: Are banks open or closed today on October 24, 2026?Banks across India are closed today, October 24, 2026, marking the fourth Saturday of the month. It’s advisable for customers to reschedule...
RBI's Rs 2.5 lakh crore liquidity infusion raises questions over tightening policy signal: SBI ReportIn its report, SBI said the RBI had consistently signalled its commitment to monetary tightening through its policy resolution, the Governo...
India’s forex reserves fall $5 billion to $721.02 billion as of October 16India's foreign exchange reserves fell by $5 billion to reach $721.02 billion for the week ending October 16. Previously, reserves declined...
Rupee little changed this week as oil-fueled declines wipe out early gainsThe Indian rupee experienced a decline for the second day in a row as rising oil prices dampened market confidence. Following a brief uptic...
Banking liquidity surplus shrinks to Rs 541 crore as cash crunch increasesLiquidity surplus in the banking system was reported at ₹541 crore as of October 21. Banks have increased fund parking to meet their daily ...
India's interest rate gap with G7 in focus as RBI weighs inflation risks: ReportIndia's monetary policy is now shaped by the interest rate gap with major developed economies and rising inflation. The Reserve Bank of Ind...
Vijaya Dasami/Durga Puja bank holiday today: Are banks open or closed in your state today (October 21, 2026)? Check RBI listBank holiday today: Bank branches will be closed on October 21, 2026, in several Indian states for Vijaya Dasami festivals. Customers are a...
RBI announces $10.5 billion liquidity infusion via repoThe RBI will infuse up to 1 trillion rupees ($10.53 billion) through the operation, which traders said must be to help lenders tide over ta...
India's forex reserves drop by $8.58 billion to $726.03 billion in week ended October 9: RBIIndia’s foreign exchange reserves fell by $8.578 billion to $726.027 billion in the week ended October 9, according to data released by the...