RBI clears rumors about currency notes and coins, confirming that Rs 10 and Rs 20 notes will remain in circulation. The ...

Fintech major CRED is planning to pump INR 550 Cr in its NBFC Newtap Finance Pvt Ltd (NFPL), as per a report by India Ratings ...

The Indian rupee hit an all-time low on Monday (February 3), breaching the Rs 87 mark against the US dollar for the first ...

National Credit Guarantee Trustee Company Limited (NCGTC) will provide guarantee of up to 60 per cent to member lending institutions for extending capital cre ...

"Rupee opened lower because dollar index was up. But good inflows from HSBC possibly related to us joining the Bloomberg ...

The Reserve Bank of India (RBI) is aiming to make the Rupee more popular in global trade as the Indian currency continues to weaken against the US Dollar. On Thursday, the RBI proposed several key ...

The Reserve Bank of India (RBI) on Thursday (January 16, 2025) announced liberalised norms to encourage use of Indian Rupee and local/national currencies to settle cross border transactions.

According to these new guidelines, RBI has allowed overseas branches of authorized dealer (AD) banks to open rupee accounts for non-residents for settlement of all current account and capital ...

While the rupee was quoted at 86.63 on the interbank order matching system ahead of the local spot market open, likely intervention by the RBI supported the currency and helped it kick off the ...

"Overseas branches of Authorized Dealer banks will be able to open INR accounts for a person resident outside India for settlement of all permissible current account and capital account transactions ...