India’s central bank is unlikely to mount a strong defense of the rupee despite the currency’s sharp depreciation, according ...

Reserve Bank of India (RBI) has mandated use of 1600xx' numbering series for transactional calls by regulated entities to ...

India's central bank will be more judicious in its use of foreign exchange reserves to mitigate domestic currency market ...

India's central bank said on Wednesday it will conduct variable rate repo (VRR) auctions on all working days until further ...

In his last assignment as DG, Patra handled a bunch of responsibilities of RBI that directly shaped everyone of the above ...

To encourage the use of the rupee and other currencies to settle cross-border transactions, India's central bank took steps ...

The Reserve Bank of India (RBI) has provided a level playing field for Asset Reconstruction Companies (ARCs) with banks and ...

The Reserve Bank of India has started to ease curbs on non-banking financial companies (NBFCs) after they improved their ...

MUMBAI : Non-residents will now be able to open rupee accounts in the overseas branches of India-registered authorized dealer ...

Foreign exchange interventions by the central bank effectively countered capital flows volatility -- the main source of ...

Central bank researchers emphasised the importance of judicious foreign exchange interventions to minimize currency ...

The rupee has gone from being one of Asia's best-performing currencies to one of the region's biggest losers in a matter of ...