The Reserve Bank of India likely sold U.S. dollars before the local spot market opened on Friday to support the rupee, ...

The Indian rupee was marginally weaker on Friday as the impact of heightened dollar demand, spurred by the maturity of ...

India is now staring at the possibility of an oil shock after the U.S. decided to implement sweeping sanctions on Russia's ...

The RBI now allows banks to open rupee accounts at overseas branches for non-residents to facilitate rupee ...

Saturday bank holiday: Banks are usually open on the first, third, and fifth Saturdays (if any) of a month, while they are ...

A surprise interest-rate cut in Indonesia and signs the Reserve Bank of India may be willing to loosen its tight grip on the ...

MUMBAI : Non-residents will now be able to open rupee accounts in the overseas branches of India-registered authorized dealer ...

These bonds, issued by the Reserve Bank of India on behalf of the government, earn more than 10-year benchmark government ...

USD demand from foreign banks might weigh on the INR, but the RBI’s intervention could help limit its losses.

The Reserve Bank has signed MoUs with the central banks of the UAE, Indonesia, and Maldives to promote cross-border ...

The chief secretary took notice of the instances of defraud committed against people. Dulloo said law enforcement agencies ...