All-time low awaits rupee before US election; RBI may help out
The Indian rupee is poised to open at a lifetime low on Tuesday as market participants eye the U.S. presidential election, ...
RBI's routine interventions to halt major movements in Indian rupee: Reuters poll
The Indian rupee will trade in a tight range around current levels against the dollar over the coming year as the Reserve ...
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RBI to Cut Rates in December to 6.25%, Say Narrow Majority of Economists: Reuters Poll
BENGALURU (Reuters) - India's central bank will cut its key policy rate in December by a quarter point to 6.25% to bolster ...
Why hasn’t RBI cut policy rates despite its lack of control over food inflation?
It must tame general inflation as a priority, and prices can rise in interlinked ways. Also, India’s central bank must keep ...
RBI’s new domestic money transfer rules for stronger KYC are applicable from November 1, 2024; check details
The revised regulations are intended to improve the security of domestic money transfers and ensure compliance with current ...
Around ₹7,000-crore worth ₹2,000 banknotes yet to be returned to RBI over one year after the withdrawal
The ₹2,000 banknotes which have yet not been returned comprise 1.96 percent of the total value which amounted to ₹3.56 lakh ...
Commercial paper issuance falls as NBFCs are likely staying off market amid RBI warning
Market borrowing by Indian companies for their short-term needs fell in the first half of October from a month earlier, show latest data, likely due to non-banking finance companies slowing down ...
Money transfer rules: RBI issues new rules for domestic transaction from Nov 1; details here
The Reserve Bank of India (RBI) has rolled out a new framework for Domestic Money Transfer (DMT) in July 2024, targeting ...
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RBI To Launch AI System For Real Time Fraud Alerts
With the growing reliance on artificial intelligence (AI), the Reserve Bank of India (RBI) is reportedly looking to develop ...
RBI Chief Pushes Back on Calls to Cut Food From Inflation Target
India’s central bank Governor Shaktikanta Das rejected the proposal of a top government adviser to strip volatile food prices ...
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RBI Reveals Surge in India's Gold Reserves Amid Global Crisis
India's gold reserves held by the Reserve Bank of India (RBI) have reached 854.73 metric tonnes, with a significant portion ...
Macon RBI offering up a possible dinner opportunity with Jim Nantz
The dinner, which will be held in Nashville, Tennessee is to raise money for the baseball and softball program, which aims to ...