Indian central bank hikes overnight fund infusion post heavy FX intervention
India's central bank hiked the quantum of funds that it intended to inject into the banking system through an overnight infusion on Wednesday, after aggressively intervening in the foreign exchange (FX) market in the last two sessions.
India Central Bank Intervenes to Curb Speculative Rupee Bets
The Reserve Bank of India intervened in the foreign exchange market this week to curb speculation in the rupee, according to a person familiar with the central bank’s thinking, surprising traders who expected a more hands-off approach on the currency from the new governor.
Factbox-India’s central bank begins unwinding curbs on NBFCs and banks
The Reserve Bank of India has started to ease curbs on non-banking financial companies (NBFCs) and banks after they improved their compliance following a series of supervisory restrictions
India central bank-driven rally in rupee likely to extend
The Indian rupee is poised to open higher on Wednesday, adding to its recovery over the last two days that was fuelled largely by heavy intervention by the central bank. The 1-month non-deliverable forward indicated that the rupee will open at 86.
India’s Central Bank Cuts Key Rate For the First Time Since 2020
Projects FY26 inflation at 4.2%, GDP growth at 6.7%
Reserve Bank of India steps in to curb rupee speculation
The Reserve Bank of India (NSE:BOI) (RBI) took action in the foreign exchange market this week to limit speculation in the rupee, an unexpected move that caught traders off guard who anticipated a more laissez-faire stance from the new governor,
India's central bank lifts restrictions on Kotak Mahindra Bank onboarding customers online
India's central bank on Wednesday lifted restrictions on Kotak Mahindra Bank that had barred the lender from taking on new ...
India's inflation cools to lower-than-expected 4.31% in January
This could clear the way for another rate cut by the Reserve Bank of India, which slashed rates from 6.5% to 6.25% after its ...
India's inflation falls for third straight month to 4.31% in January, making case for further monetary easing
This could clear the way for another rate cut by the Reserve Bank of India, which slashed rates from 6.5% to 6.25% after its monetary policy meeting on Feb. 7.
State Bank of India sees sector's personal loan woes easing on tighter credit rules
State Bank of India (SBI) , the country's top lender by assets, expects the industry's concerns over retail borrowers ...
India Central Bank Kicks Off Easing Cycle to Boost Economy
The Reserve Bank of India cut its policy rate for the first time in nearly five years as economic growth slows and inflation ...
India's central bank cuts rates for the first time in nearly five years, forecasts faster growth next year
The Reserve Bank of India has cut its key interest rate for the first time in nearly five years, as cooling inflation has ...
Analysis-India's New Cenbank Chief Joins Modi's Effort to Regain Lost Growth
His decision to cut the key rate for the first time in nearly five years followed the Modi government's announcement of the ...