The Indian central bank’s decision to drain liquidity from the financial system is likely intended to prevent a further ...

The Reserve Bank of India's recent jumbo rate cuts took economists by surprise, as many indicators point to an economy ...

India's central bank said on Tuesday it will conduct a seven-day variable rate reverse repo auction worth one trillion rupees ($11.62 billion) on June 27, following a review of liquidity conditions in ...

The Indian rupee’s decline against the dollar is pushing it closer to a critical threshold, raising expectations that the ...

The Reserve Bank of India is set to tighten rules under its Liberalised Remittance Scheme, targeting foreign currency ...

The Reserve Bank of India plans to tighten regulations on international money transfers by Indian residents, targeting foreign currency deposits with lock-in periods. These modifications aim to ...

Frantic central bank gold-buying combined with the precious metal's soaring price has solidified its position second only to the U.S. dollar as their biggest reserve holding in value terms, a ...

India's extreme poverty rate fell from 27.1% in 2012 to 5.3% in 2022, lifting 269 million out of poverty. In contrast, Pakistan's extreme poverty rose from 4.9% in 2017 to 16.5% in 2021, with ...

Several regions across India will see bank closures on Saturday, June 7, 2025, in observance of Bakrid, as per the Reserve Bank of India’s official holiday calendar. While the first Saturday of the ...

The Reserve Bank of India lowered the benchmark repo rate, the level at which it lends to commercial banks, by 50 basis points to 5.5 per cent. PHOTO: AFP. UPDATED Jun 06, 2025, 10:22 PM.

Reserve Bank Governor Sanjay Malhotra on Friday said the India-Pakistan conflict, following the Pahalgam attack in which 26 civilians were killed, had a negligible impact on economic activity.

Top bankers hail Reserve Bank’s big bang measures to boost financial inclusion. Top bankers hailed RBI's decision to reduce repo rate by 50 basis points to 5.50 per cent and CRR by 100 basis points in ...