The Indian government has extended the RBI's inflation target of 4% until 2031, reinforcing its commitment to price stability and economic growth. Illustration: Uttam Ghosh Key Points The Indian ...
Authorised banks and standalone primary dealers access the foreign exchange market for market making, balance sheet management and hedging of risks. Photograph: Francis Mascarenhas/Reuters Key Points An authorised dealer ...
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The RBI will now charge banks different deposit insurance fees based on how risky they are, allowing safer banks to pay less premium. IMAGE: A man stands in front ...
Buy-sell swaps are primarily being deployed to lengthen the maturity of the forward book. Illustration: Dominic Xavier/Rediff Key Points A 90-day VRR auction for Rs 25,000 crore will be ...
The total reserves increased to $701.3 billion on the back of a rise in foreign currency assets which increased by $9.6 billion to $560 billion during the reported week. ...
Months after picking up 24.21 per cent stake in private sector lender Yes Bank, Japan’s Sumitomo Mitsui Banking Corporation (SMBC) has received the Reserve Bank of India’s (RBI’s) in-principle ...
The relation between a regulator and its regulated entities is collaborative and not adversarial with the common objective of maintaining the stability and credibility of the financial system. Photograph: ...
The Indian economy is growing at a robust pace, driven by strong domestic demand, low inflation, and the healthy balance sheets of banks, said a Reserve Bank report released ...
The Reserve Bank on Wednesday postponed implementation of the second phase of the faster cheque clearance mechanism to provide more time to banks to streamline their operations. Photograph: Francis ...