Co-existence of deficit liquidity, heavy funds deployed in SDF show skewed distribution of liquidity: RBI Bulletin
System liquidity has turned into deficit since mid-December 2024 due to build-up in government cash balances driven by the ...
NRI accounts clock 43% jump in funds to $13.33 billion in April-Dec
The flow of funds from Indians working overseas into non-resident Indian (NRI) bank accounts has shot up by 42.8 per cent to ...
This Rs 50 note can turn you into a lakhpati! Check details
Finding a rare Rs 50 note with '786' on it can be financially beneficial. Collectors may pay a large sum for such unique ...
Rupee gains 29 paise to close at 86.66 against US dollar, highest in a week
The rupee strengthened by 29 paise to close at 86.66 against the dollar, driven by Asian currency gains and dollar sales. A ...
Rupee boosted by stronger yuan and foreign banks' dollar sales
The Indian rupee strengthened on Thursday aided by a rise in the Chinese yuan after U.S. President Donald Trump said a new ...
RBI net sold over $15 billion forex in December
The Reserve Bank of India's (RBI) intervention in the foreign exchange market to stabilise the rupee resulted in net sales of ...
‘Do better’: Reserve Bank governor says retail banks' profit margins should be cut
Governor of the Reserve Bank Adrian Orr says retail banks need to consider cutting their profit margins and “do better” - and ...
Rise of Dollar Forwards Builds Risk for Asian Central Banks
Central banks across Asia are increasingly using derivatives to protect their currencies against a strong dollar, raising ...
Dollar/rupee near forward premiums rise post RBI intervention
The dollar/rupee near forward premiums pushed higher this week on the back of the dollar liquidity spurred by the Reserve ...
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Bank Of Maharashtra To Open Branch In GIFT City After Getting RBI Nod
The branch will function as Bank of Maharashtra's first international branch carrying out offshore banking operations from ...
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Big update from RBI: New 50 rupee note issued, know what will happen to the old notes...
In our country, all the laws and rules related to banks and Indian currency are made by the Reserve Bank of India. RBI has ...
EME's currency depreciation engendered by a strong US dollar, says RBI
The Indian rupee has depreciated in line with other emerging economies, weighed down by the strength of US dollar, the RBI noted in its latest monthly bulletin. The US dollar index surged following ...