The rupee's relative stability was due to the RBI's heavy dollar sales strategy in response to these outflows. The US dollar ...

Despite these challenges, the RBI is expected to initiate a rate-cutting cycle in 2025, potentially reducing rates by 50-75 ...

MUMBAI: In a bid to support a falling rupee, which lost as much as 125 paise between October 10 and December 24 when it ...

A group of Indian lenders has asked the central bank to approve a new benchmark for overnight indexed swaps, according to ...

The year 2024 has marked a pivotal moment in India’s financial sector, with the Reserve Bank of India (RBI) taking ...

RBI officials warn of weakening sales growth and lacklustre private investment due to inflation and slowing GDP.

In October, the RBI intervened heavily in forward and spot currency markets with $44.5 billion to support the rupee. Despite significant foreign portfolio outflows and a rise in the US dollar, the ...

The total number of prepaid payment instrument (PPI) wallets saw a 20.4 per cent year-to-date (YTD) decline, dropping from 1.44 billion in January to 1.14 billion in November, according to data from ...

Ranging from 300 to 900, reflect creditworthiness, impacting loan approvals and terms. Recent RBI updates improve consumer ...

RBI said in its bulletin on Tuesday that the Indian economy is recovering from the slowdown in momentum witnessed in the ...

The nonprofit youth baseball and softball league, which aims to create "major league citizens," served 1,875 kids last year.

The demand for work under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) has remained subdued in most months of the current financial year, according to a report by the Reserve ...