Reserve Bank of India
RBI’s dollar-rupee swap facility helps rake in $73 billion forex in 11 weeks
Business
1 week ago
RBI’s dollar-rupee swap facility helps rake in $73 billion forex in 11 weeks
The Reserve Bank of India’s special USD-INR forex swap facility for FCNR(B) deposits, Overseas Foreign Currency Borrowings (OFCB), and External…
India’s forex reserves surge $14.1 billion to cross $707 billion mark
Business
3 weeks ago
India’s forex reserves surge $14.1 billion to cross $707 billion mark
India’s foreign exchange reserves rose sharply by $14.136 billion during the week ended August 7, crossing the $707 billion mark,…
Polymer Currency India Govt Approves 2 Billion Rs 10 and Rs 20 Banknotes for Field Trials
News
3 weeks ago
Polymer Currency India Govt Approves 2 Billion Rs 10 and Rs 20 Banknotes for Field Trials
The government has approved a proposal to introduce 2 billion polymer currency banknotes one billion each in Rs 10 and…
RBI Resumes Urban Co-operative Banks Licensing With Stronger Governance Push
Business
4 weeks ago
RBI Resumes Urban Co-operative Banks Licensing With Stronger Governance Push
The Reserve Bank of India (RBI) has decided to resume licensing of urban co-operative banks (UCBs) on an ‘on tap’…
RBI Projects GDP Growth at 6.7% for FY27 as India Remains the World’s Fastest-Growing Economy
Business
4 weeks ago
RBI Projects GDP Growth at 6.7% for FY27 as India Remains the World’s Fastest-Growing Economy
RBI Projects GDP Growth FY27 received a positive boost on Wednesday as the Reserve Bank of India (RBI) projected India’s…
RBI FCNR-B Deposit Scheme Boosts NRI Deposits as Banks See Higher Overseas Fund Inflows
Business
July 3, 2026
RBI FCNR-B Deposit Scheme Boosts NRI Deposits as Banks See Higher Overseas Fund Inflows
Banks have registered a gradual increase in the flow of overseas funds after the rollout of the RBI FCNR-B deposit…
India’s retail inflation at 3.93 pc in May, remains below RBI’s 4 pc target
Business
June 12, 2026
India’s retail inflation at 3.93 pc in May, remains below RBI’s 4 pc target
India’s retail inflation stood at 3.93 per cent in May, remaining below the Reserve Bank of India’s medium-term target of…
RBI considering plastic currency notes, no decision taken yet: Governor Sanjay Malhotra
Technology
June 6, 2026
RBI considering plastic currency notes, no decision taken yet: Governor Sanjay Malhotra
The Reserve Bank of India (RBI) is examining a proposal to introduce polymer or plastic currency notes, although no final…
Rupee gains 50 paise against dollar after RBI relaxes investment norms
Business
June 5, 2026
Rupee gains 50 paise against dollar after RBI relaxes investment norms
The Indian rupee appreciated sharply against the US dollar on Friday after the Reserve Bank of India eased investment norms…
RBI Repo Rate Unchanged at 5.25 pc, maintains ‘Neutral’ stance
Business
June 5, 2026
RBI Repo Rate Unchanged at 5.25 pc, maintains ‘Neutral’ stance
The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) on Friday unanimously decided to keep the policy repo rate…