Reserve Bank of India

Rupee plunges below 83.50 as West Asia, US rate worries continue

As of April 5, RBI's headline foreign exchange reserves stood at USD 648.56 billion, a record high. ...

Rupee off record low on likely c.bank intervention, Iranian official's comment

The rupee was at 83.5175 to the U.S. dollar at 11:15 a.m. IST, marginally up from 83.5375 on Thursda...

REITs, InvITs mobilise ₹1.3 lakh crore in four years: RBI data

Investment vehicles for realty and infrastructure sectors — REITs and InvITs — have garnered ₹1.3 la...

Government approves one-year extension to RBI Deputy Governor Rabi Sankar

The government has extended the term of RBI Deputy Governor T. Rabi Sankar for a period of one year,...

RBI bars Kotak Bank from issuing new credit cards, onboarding customers via online banking channels

The Reserve Bank of India today directed Kotak Mahindra Bank Limited to cease and desist, with immed...

Key decisions of central bank cannot be left to politicians, says former RBI Governor Subbarao

Former Governor of the Reserve Bank of India (RBI) Duvvuri Subbarao on April 24 said key decisions t...

RBI’s latest recommendations to regulate payment aggregators in offline spaces | Explained

The story so far: Following its announcement in June 2022 that it will seek better regulation of off...

Indian economy remains in bright spot: Ministry of Finance

It further added that the manufacturing sector is also expected to maintain its momentum on the back...

RBI survey shows why livelihood issues are in focus in 2024 polls

The findings of the Reserve Bank of India (RBI)’s consumer confidence survey, conducted in March in ...

The Kotak Mahindra Bank controversy | Explained

The story so far: The Reserve Bank of India (RBI) on April 24 barred Kotak Mahindra Bank (KMB) from ...