Indian central bank's record forward dollar position undermines FX reserves comfort
The Reserve Bank of India's record short U.S. dollar forward position, built over months to support the rupee amid equity ...
Reuters26d
Reserve Bank of India
India central bank's FX swap oversubscribed 1.6 times The Reserve Bank of India's longer-term dollar/rupee buy-sell swap witnessed robust demand with the auction drawing bids 1.6 times the $10 ...
BBC26d
India cuts interest rates for the first time in five years
India's GDP growth is seen slowing to a 4-yr low this financial year. India's central bank has cut interest rates for the first time in nearly five years to counter slowing growth in Asia's third ...
The Hindu11d
S&P upgrades Kotak Mahindra Bank to ‘BBB’ after RBI lifts curbs
after the Reserve Bank of India (RBI) recently lifted operational curbs. “We believe Kotak Mahindra Bank is well positioned for growth over the next 24 months. This is after India’s central ...
Hosted on MSN18d
New India Co-operative Bank's financial operations halted after notice from RBI
The Reserve Bank of India (RBI) has restricted Mumbai-based New India Co-operative Bank from issuing loans, accepting deposits, or permitting withdrawals for six months. The move comes amid concerns ...
Indiatimes14d
Karnataka Bank reports to RBI suspicious cross border UPI transaction of Rs 18.87 crore
The bank has reported the issue to the Reserve Bank of India and implemented enhanced control measures to prevent future occurrences.
Wall Street Journal25d
India Central Bank Kicks Off Easing Cycle to Boost Economy
In his first policy statement at the Reserve Bank of India’s helm, Gov. Sanjay Malhotra said Friday that the monetary-policy committee voted unanimously to cut the policy repo rate to 6.25% from ...
Hindustan Times12d
EOW summons CA who gave ‘A’ grade to New India Cooperative Bank
According to the police, Deshmukh was even appointed recently by the Reserve Bank of India (RBI) to carry out an inquiry into the misappropriation of funds by Mehta. “We want to ask Deshmukh on ...
ThePrint on MSN12d
Gujarat to get Rs 150 cr leadership institute—Modi’s brainchild, backed by India’s top Industry leaders
Former finance secretary Hashmukh Adhia has been appointed the chairman of the executive committee of School of Ultimate ...
Business Today7d
RBI eases curbs on New India Co-op Bank: 50% of depositors can withdraw full balance, others up to ₹25,000
Days after imposing strict restrictions on New India Co-operative Bank, the Reserve Bank of India (RBI) has eased withdrawal limits. Starting February 27, customers will be allowed to withdraw up ...
Khaleej Times24d
India not targeting any price band for rupee, says Central Bank Governer after rate cut
India's central bank (RBI) is not targeting any price band for the Indian rupee and focusing more on curbing excess volatility, Reserve Bank of India (RBI) Governor Sanjay Malhotra told reporters ...
Digital Fortification: RBI’s New Measures and the Future of Fraud Prevention in India
A New Risk Landscape. As digital payments surge in India, so does the threat from increasingly sophisticated fraud schemes. The Reserve Bank of India (RBI) recently warned lenders ...