Estimates suggest that India's foreign exchange reserves sufficiently cover approximately 10-12 months of projected imports.

The Reserve Bank of India (RBI) is seeking government approval to allow domestic banks to lend rupees to overseas borrowers, ...

RBI will transfer a record Rs 2.7 lakh crore to the government as a dividend for the current financial year. The amount ...

MUMBAI: Indian government bond yields and overnight index swap rates are set to continue their downward trend, ...

India central bank gives Emirates NBD 'in-principle' nod to set up local unit The Reserve Bank of India has given "in-principle" approval to Emirates NBD Bank PJSC to set up a wholly owned unit in ...

The Reserve Bank of India (RBI) made a major intervention in the foreign exchange market in March, by buying a net $14.36 ...