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To defend rupee, RBI widens forex lens beyond banks to corporate treasuries

Mumbai, April 1 -- With the rupee under pressure from capital outflows and higher crude prices, India's central bank is expanding its scrutiny beyond banks to corporate treasury positions in the forei... Read More


India's youngest infrastructure financier looks beyond debt

New Delhi, March 25 -- India's youngest infrastructure financier, National Bank for Financing Infrastructure and Development (NaBFID), plans to diversify into equity financing and blended debt. In th... Read More


Quick money transfer to Dubai? Central banks are stepping in to help

New Delhi, March 6 -- Instant money transfers between India and the UAE may be a reality soon with the central banks of both countries working to link their sovereign digital currencies, a person fami... Read More


How money moved out of BookMyForex cards as customers scrambled for answers

Mumbai, Feb. 26 -- At 3:50 am on a quiet Kolkata morning, 35-year-old numerologist Vivek Baid woke up to a string of notifications that would upend his day. One message became two, then three. By 4 am... Read More


Sebi, IFSCA in talks with EU watchdog to unlock clearing house re-recognition

MUMBAI, Jan. 30 -- India's market regulator Securities and Exchange Board of India (Sebi) and Gift City regulator International Financial Services Centres Authority (IFSCA) are aiming to sign informat... Read More