Indian central bank likely intervened to support rupee ahead of rate decision, traders say
The Reserve Bank of India likely intervened to support the rupee before the open of the local spot market ahead of a ...
Indian state-run firms line up $2 billion bond sales as central bank cuts interest rate
Indian state-run companies are set to borrow nearly $2 billion via the bond market early next week after the central bank cut ...
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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 ...
India bolsters rupee trade: RBI gives nod for 156 vostro accounts with 26 banks for partner nations
A Special Rupee Vostro Account (SRVA) is a banking arrangement that allows foreign banks to hold Indian rupees in an account ...
RBI announces exclusive domains 'bank.in' and 'fin.in' to enhance cyber security in Indian banking
The RBI has announced the launch of exclusive internet domains, 'bank.in' for Indian banks and 'fin.in' for non-bank ...
Sensex drops 200 points; why did Indian stock market fall after RBI monetary policy? Explained
The Indian stock market, including the Sensex and Nifty 50, closed with significant losses on February 7, despite a 25 bps ...
Bank fraud case: Former IOB branch manager, four others sentenced to three years rigorous imprisonment
CHENNAI: A CBI court in Madurai sentenced five people, including the former chief manager of the Indian Overseas Bank's ...
Indian stock market: 8 key things that changed for market overnight ahead of RBI policy - Gift Nifty to Amazon earnings
Gift Nifty was trading around 23,710 level, a premium of nearly 20 points from the Nifty futures’ previous close, indicating ...
Rupee sidesteps RBI rate cut to end up but posts worst week in over 2 years
The Indian rupee strengthened on Friday after struggling for most of the week as global markets were jolted by fears of a ...
Indian banks are getting a whole new domain to combat fraud
India’s central bank, the Reserve Bank of India (RBI), is set to introduce a brand-new ‘.bank.in’ domain in April 2025 to ...
Indian banks needs more than a rate cut to boost lending, bankers say
The Reserve Bank of India's (RBI) first interest rate cut in nearly five years will not be enough to spur loan growth since the tight liquidity conditions will prevent banks from passing on the ...
India delivers 1st rate cut in nearly 5 years to boost growth
The central bank of India on Friday lowered its key interest rate for the first time in nearly five years, as it moves to ...