Banks, importers seen lapping up India central bank's $5 bln FX swap
The Reserve Bank of India's $5 billion dollar/rupee buy-sell swap auction on Friday is likely to see strong demand from ...
Digital payments across India record double-digit jump year-on-year: RBI
Digital payments across India recorded a double-digit jump of 11.1 per cent year-on-year (YoY) as on September 2024, according to the Reserve Bank of India's (RBI) index that measures the adoption of ...
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Fed's pause may ease pressure on RBI to cut rates: Axis Bank
Steven Englander, Managing Director and Global Head of G10 FX Research and North American Macro Strategy at Standard ...
India central bank supersedes Aviom India Housing Finance's board, to start bankruptcy process
The Reserve Bank of India said on Monday it has superseded the board of Aviom India Housing Finance due to governance ...
RBI imposes monetary penalty on Canara Bank, Bank of India, J&K Bank; here’s why
RBI imposes monetary penalties on Canara Bank, Bank of India, and the J&K Bank for non-compliance with KYC norms, loans, and ...
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India's Digital Payment Revolution: A Decade of Exponential Growth
India's digital payments have skyrocketed, increasing 94 times in volume and 3.5 times in value over the past decade. A ...
India central bank opts for bond purchases in week to Jan 17
The Reserve Bank of India (RBI) made net purchases of government bonds in the secondary market last week, marking the first such operation in over three years, data released on Friday showed.