India, Rupee and Reserve Bank

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,
Reserve Bank of India Injects Record $28.85 Billion to Stabilize Rupee and Boost Liquidity
The Reserve Bank of India (RBI) is set to infuse a record 2.50 trillion rupees ($28.85 billion) into the banking system through an overnight variable rate repo auction on Wednesday. This marks the central banks
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.
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.
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 inflation cools to lower-than-expected 4.31% in January
This could clear the way for another rate cut by the Reserve Bank of India, which slashed rates from 6.5% to 6.25% after its ...
India's new cenbank chief joins Modi's effort to regain lost growth
India's new central bank chief Sanjay Malhotra is likely to take a growth-supportive approach over the next few months, as he ...
The Print5m
RBI lifts curbs on Kotak Mahindra Bank; lender can issue fresh credit cards
The Reserve Bank of India on Wednesday lifted nine-month old curbs on Kotak Mahindra Bank, allowing it to onboard new customers through its online and mobile banking channels. The Reserve Bank also ...
RBI lifts restrictions on Kotak Mahindra Bank on onboarding new customers
In April last year, the RBI placed restrictions on the bank as it failed to plug gaps in its information technology (IT) ...
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 ...
Fortune India27m
RBI lifts restrictions on Kotak Mahindra Bank after IT compliance
The central bank imposed certain business restrictions on Kotak Mahindra Bank on April 24, 2024, and put restrictions on the ...
India's inflation falls for third straight month to 4.31% in January, making case for further monetary easing
This could clear the way for another rate cut by the Reserve Bank of India, which slashed rates from 6.5% to 6.25% after its monetary policy meeting on Feb. 7.
Analysis-India's New Cenbank Chief Joins Modi's Effort to Regain Lost Growth
His decision to cut the key rate for the first time in nearly five years followed the Modi government's announcement of the ...
GlobalData on MSN2d
India’s central bank launches exclusive internet domains to combat cyber threats
The Reserve Bank of India (RBI) is set to introduce exclusive internet domains for financial sector participants, including ...