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 ...

India's central bank on Tuesday said deputy governor M. Rajeshwar Rao will handle monetary policy and economic research ...

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 ...

The RBI now allows banks to open rupee accounts at overseas branches for non-residents to facilitate rupee ...

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

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 ...

Last month, the central bank decided to cut the cash reserve ratio by 50 basis points to 4 per cent that was aimed at freeing ...

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 ...

The RBI has, so far, conducted two VRR auctions — on January 17 and January 20 — and infused Rs 1.09 lakh crore in the ...