News

RBI to cut rates by 25 bps on June 6, then once more in August - Reuters poll
The Reserve Bank of India will cut interest rates on June 6 for a third consecutive meeting and once more in August to ...
India's forex reserves dip about $5 billion in week ending May 16: RBI data
Estimates suggest that India's foreign exchange reserves sufficiently cover approximately 10-12 months of projected imports.
India's central bank seeks approval for overseas rupee lending to neighbours, sources say
India's central bank is taking another step to internationalise the rupee, seeking approval to allow domestic banks to lend ...
RBI to strengthen banks’ liquidity stress tests by developing cash flow analysis process
The Reserve Bank of India (RBI) is planning to strengthen liquidity stress tests of Scheduled Commercial Banks (SCBs) by ...
Reserve Bank of India to roll out new use cases for digital rupee
The Reserve Bank of India is expanding digital rupee pilots with new offline and programmable features, as digital payments ...
Despite lower surplus transfer, Indian bond yields could dip further, analysts say
MUMBAI: Indian government bond yields and overnight index swap rates are set to continue their downward trend, ...
India cenbank to transfer record surplus of 2.69 trln rupees to government for FY25
The Reserve Bank of India's board approved the transfer of 2.69 trillion rupees ($31.53 billion) as surplus to the federal ...
Where does the RBI’s surplus come from? | Explained
RBI transfers record ₹2.69 lakh crore surplus to government, sparking debate on buffer funds and independence.
Indian companies rush to sell short-term debt as RBI monetary boost lowers rates
Indian firms have stepped up short-term bond sales with issues worth around 270 billion rupees ($3.2 billion) lined up ...
Interpol Issues Two Silver Notices On India's Request In Visa Fraud, Crypto Scam Cases
Two Silver Notices have been issued on India’s request to track illicit assets of Shubham Shokeen, accused in a major visa ...
RBI to Make a Record Transfer of $32 Billion to Government
India’s central bank will give a record dividend to the government, shoring up finances to bolster growth in Asia’s third ...
Centre receives Rs 2.69 lakh crore bonanza from RBI
The Reserve Bank of India (RBI) has transferred Rs 2.69 lakh crore as surplus to the Centre for the accounting year 2024-25. This is lower than the Rs 3 lakh cr ...