Reserve Bank of India
RBI to Lock Rs 7 Lakh Crore for 30 Days as Banking System Faces Record Cash Glut
Business
September 5, 2026
RBI to Lock Rs 7 Lakh Crore for 30 Days as Banking System Faces Record Cash Glut
The Reserve Bank of India (RBI) is stepping up efforts to absorb surplus liquidity from the banking system as excess…
Rupee Surges 67 Paise to Two-Month High as FCNR-B Inflows Beat Expectations
Business
September 3, 2026
Rupee Surges 67 Paise to Two-Month High as FCNR-B Inflows Beat Expectations
The Indian rupee surged 67 paise to a two-month high against the US dollar on Thursday and logged its biggest…
RBI’s dollar-rupee swap facility helps rake in $73 billion forex in 11 weeks
Business
August 25, 2026
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
August 15, 2026
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
August 11, 2026
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
August 8, 2026
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
August 5, 2026
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…