Factbox-India's central bank begins unwinding curbs on NBFCs and banks
The Reserve Bank of India has started to ease curbs on non-banking financial companies (NBFCs) and banks after they improved their compliance following a series of supervisory restrictions. High interest rates and tighter regulations have been cited as contributors to weak demand and a slowdown in India's economic growth,
India Central Bank Intervenes to Curb Speculative Rupee Bets
The Reserve Bank of India intervened in the foreign exchange market this week to curb speculation in the rupee, according to a person familiar with the central bank’s thinking, surprising traders who expected a more hands-off approach on the currency from the new governor.
Reserve Bank of India steps in to curb rupee speculation
The Reserve Bank of India (NSE:BOI) (RBI) took action in the foreign exchange market this week to limit speculation in the rupee, an unexpected move that caught traders off guard who anticipated a more laissez-faire stance from the new governor,
India's central bank boosts long-term liquidity infusion again
India's central bank on Wednesday surprised markets by announcing another liquidity infusion this week as it aims to inject funds in the banking system for the longer term. The Reserve Bank of India will conduct a 49-day variable rate repo for 750 billion rupees ($8.
India’s Central Bank Cuts Key Rate For the First Time Since 2020
Projects FY26 inflation at 4.2%, GDP growth at 6.7%
Indian central bank to infuse record overnight funds post heavy FX intervention
India's central bank will infuse a record quantum of funds into the banking system through an overnight infusion on Wednesday ...
Central Banking3h
RBI unveils exclusive internet domains for banks and non-banks
In an effort to bolster cyber security, banks and non-banks in India are to given exclusive internet domains. The Reserve Bank of India announced on February 7 that it would be introducing the ...
India's Central Bank Doubles Bond Purchase to Manage Liquidity Deficit
MUMBAI (Reuters) - India's central bank on Monday said it will double the quantum of security purchases under its next tranche of open market operation on February 13 to manage the liquidity deficit ...
Rupee rallies most in nearly 2 years on heavy central bank intervention
The Indian rupee rallied on Tuesday on the back of strong intervention by the Reserve Bank of India, which traders said could ...
inc426h
RBI Lifts Curbs On Kotak Mahindra Bank Onboarding Customers Online
The Reserve Bank of India (RBI) said it has lifted restrictions on Kotak Mahindra Bank, allowing the lender to ...
RBI to inject Rs 2.5 lakh crore to increase liquidity for banks
The Reserve Bank of India (RBI) was all set to inject Rs 2,50,000 crore through its Variable Rate Repo (VRR) auction on ...
Outlook Business4h
RBI Ends Nearly Year-Long Freeze on Kotak Mahindra Bank’s New Customer Onboarding
After almost a year, the central bank has finally given the green light for the private bank to onboard new customers again ...
‘RBI’s gold buying is...’: FM Nirmala Sitharaman talks about rising gold reserves by central bank
Finance Minister Nirmala Sitharaman on Monday clarified in the Lok Sabha that India's rising gold reserves, including those ...