Forward contracts in government securities will be introduced to help long-term investors such as insurance funds manage ...
A Special Rupee Vostro Account (SRVA) is a banking arrangement that allows foreign banks to hold Indian rupees in an account ...
India’s central bank is introducing an exclusive “.bank.in” domain for banks from April 2025 as part of efforts to combat rising digital payment frauds and bolster trust in online banking services.
Today’s RBI rate cut is seen as the start of a rate-cut cycle that could lead to a gradual decline in the interest rates ...
Reserve Bank of India on Friday cut the repo rate by 25 basis points, ending the longest pause in the history of the monetary ...
While the monetary policy committee reduced the repo rate to 6.25 per cent as expected, volatility remained in the market ...
On the day, the currency rose about 0.2% to end at 87.4250 against the U.S. dollar. It declined by nearly 1% on the week though, its worst weekly performance since December 2022. Asian currencies were ...