Reserve bank of India

Foreign exchange reserves fell $3.8 billion to a two-year-low of $524.52 billion in the week ended October 21, data released by Reserve Bank of India (RBI) on Friday revealed.

The intervention by the Reserve Bank of India (RBI) in the forex market will keep the Indian rupee in Rs 82.25-82.75 band against the US dollar in the near term, said Bank of Baroda in a report on Monday.

The proposed Central Bank Digital Currency (CBDC) platform is expected to generate huge sets of data in real time which could also be useful for enforcing money laundering regulations, a concept note prepared by the Reserve…

The Reserve Bank of India (RBI) on Tuesday revised guidelines on foreign currency exposure of banks, aimed at insulating them from forex market volatility.

The apex bank of India -- Reserve Bank of India (RBI) -- said it will soon commence pilot launch of digital version of Indian currency Rupee for specific use cases.

Inflation in India has been on the rise consistently for the past several months and various reasons can be attributed to it such as soaring food and oil prices, among others.

The growth of bank deposits across the market have slowed down to 10 per cent year-on-year (YoY) as per the Reserve Bank of India's (RBI) data, said Kotak Securities Ltd in a report.

The Supreme Court made a strong observation on Thursday about the culture of political parties announcing "freebies" during election season to entice voters, saying that it is causing a "significant loss to the country's…

Experts believe that the RBI may hike policy rates by 25-35 basis points for the third time in a row to combat high retail inflation, just days after the US Fed raised interest rates. The Fed has already stated that it will…

The Reserve Bank, on Monday, asked banks to put in place additional arrangements for export and import transactions in Indian rupees in view of increasing interest of the global trading community in the domestic currency.…