The RBI's gold purchases have contributed to a rise in overall foreign exchange reserves and are expected to continue. The RBI maintains that its gold reserves serve primarily to diversify its ...

The RBI’s interventions in the foreign exchange (FX) market are intended to ensure that the market is liquid and deep, and functioning in an orderly manner, according to central bank officials.

Reserve Bank of India (RBI) Governor Shaktikanta Das was hospitalised in Chennai earlier in the day with a minor health issue. The RBI said he experienced acidity and was admitted to the Apollo ...

Despite this, the Indian economy is expected to remain insulated from global shocks, with modest interest rate cuts anticipated from the RBI. Price stability is important also because high ...

The Reserve Bank of India (RBI) is preparing to launch a pilot programme in 2025 aimed at providing affordable local cloud storage solutions for financial firms, according to a report by Reuters.

The attrition rates in the private sector banking industry have been significantly high, according to a RBI Internal Study. The average attrition rate in the private sector bank group was around ...

The RBI did not immediately respond to an email seeking comment. The move adds to the central bank's arsenal of forex interventions, which include regular dollar sales in the spot and non ...

The Reserve Bank of India (RBI) in May proposed banks set aside 5% of the loans given to infrastructure projects that are under construction, pushing banks to approach the government on concerns ...

NEW DELHI (Reuters) - The Indian government is pushing back on two key proposals of the central bank, which will require banks to set aside more funds for infrastructure projects and hold more ...

The Reserve Bank of India (RBI) in May proposed banks set aside 5% of the loans given to infrastructure projects that are under construction, pushing banks to approach the government on concerns over ...

While the RBI has previously stopped banks from adding long positions on the dollar-rupee, they have not asked them to cut positions in recent years. This move adds to the RBI's arsenal of forex ...