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The complaint alleged that the company engaged in illegal trading activities without requisite approvals from the Sebi and the RBI. Gopal, who had been absconding since the case was registered ...

The daily average banking system liquidity deficit jumped to Rs 2.39 trillion in the fortnight to January 24, as per latest RBI data. The Reserve Bank will buy government bonds worth Rs 60,000 ...

Welcome to Mid-Day's Top News at this hour! We bring you a curated selection of the most significant and compelling news from around the globe. Stay informed with the latest developments in the ...

In November, the RBI sold $20 billion from its forex reserves to stabilize the rupee. Nomura observes that the central bank has sold $89.4 billion since October 2024, yet India's forex reserves ...

Great news for mobile users in India! The Reserve Bank of India (RBI) has recently introduced two dedicated phone number series for financial institutions to make transaction and marketing calls ...

The Reserve Bank of India (RBI) on Monday doubled down on its liquidity injection measures for the banking system by announcing measures such as a $5 billion USD/INR buy/Sell swap auction of six ...

How to Calculate the Repo Rate? The interest rates that commercial banks pay to the RBI or get when they put money in the RBI must be agreed upon and standardised. The repo rate is key to keeping ...

An RBI committee submitted a report in 2023 recommending a roadmap to internationalize the rupee including inclusion in the International Monetary Fund’s Special Drawing Rights basket.

The RBI announced three measures to boost liquidity in the system. Firstly, the central bank will purchase government securities (G-Secs) worth ₹60,000 crore through open market operations (OMOs ...

The OMO purchase will be undertaken in three tranches of Rs 20,000 crore each, wherein RBI will buy government securities from the open market, injecting money into the economy to influence ...