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

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

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 ...