RBI’s new regulation? Issues draft norms on Rupee interest rate derivatives; allows non-resident to undertake transactions
The Reserve Bank of India has released draft regulations to update rules for Rupee Interest Rate Derivatives, aligning the framework with market practices and increased ...
India-Maldives currency swap: RBI’s $400 million support lifts FX reserves; Fitch cites easing of liquidity strain in rating note
India has welcomed the Maldives’ improved foreign exchange reserves, acknowledging the significant role of the $400 million currency swap between the RBI and MMA in ...
Govt appoints RBI DG T Rabi Sankar as 16th Finance Commission member
T Rabi Sankar, Deputy Governor of the Reserve Bank of India, has been appointed as a part-time member of the 16th Finance Commission, according to ...
Sensex up 747 pts on ‘jumbo’ rate cut, eco growth thrust
The Sensex surged by 747 points, closing at 82,189, following the RBI’s unexpected 50 basis points interest rate cut, which is expected to stimulate economic ...
Rs 2000 notes worth Rs 6,181 crore still in circulation after two years of withdrawal, says RBI
The Curious Case of the Missing 2000 Rupee Note: A Mystery Still Unfolding Remember the Great 2000 Rupee You might be thinking, “So what? It’s ...
RBI eyes bank-like rate norms for NBFCs to plug policy gaps
The Wild West of Finance: Is the RBI About to Tame the NBFCs? Okay, let’s be honest. The world of Non-Banking Financial Companies (NBFCs) can ...
India’s forex reserves rise $6.992 billion to $692.721 billion in week ended May 23
India’s foreign exchange reserves rebounded, climbing by $6.992 billion to $692.721 billion in the week ending May 23, according to the RBI. This increase was ...
Centre’s ownership of banks cuts ‘lender of last resort’ risk for RBI
RBI acknowledges that government ownership of public sector banks (PSBs) reduces its risk management burden, justifying lower capital buffers for these entities. The central bank’s ...
RBI to transfer record dividend of Rs 2.69 lakh crore to Central government for FY25, 27.4% up from last year
The Reserve Bank of India (RBI) will pay a record Rs 2.69 lakh crore dividend to the government for fiscal year 2025, a 27.4% increase ...
RBI Ki Liquidity Commitment: Arthvyavastha Mein Sthirta Aur Vikas Ka Sandesh
Arre yaar, aaj kal ke economic trends ko dekhte hue, RBI ka liquidity commitment ek bahut hi important mudda ban gaya hai. Reserve Bank of ...
