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RBI unveils dollar-rupee swap window to draw inflows, steady rupee

Mumbai, June 8 -- The Reserve Bank of India (RBI) on Monday operationalized the foreign currency liquidity measures announced by governor Sanjay Malhotra in Friday's monetary policy, introducing speci... Read More


Canara Bank says Rajesh Exports exposure poses no risks, recoveries underway

MUMBAI, June 7 -- Canara Bank expects no material financial hit from its exposure to Rajesh Exports, newly appointed managing director and chief executive officer Brajesh Kumar Singh said, seeking to ... Read More


Will do whatever it takes to ensure orderly rupee movements: RBI governor

Mumbai, June 5 -- The Reserve Bank of India (RBI) will do "whatever it takes" to maintain orderly conditions in the foreign exchange market and curb excessive volatility, governor Sanjay Malhotra said... Read More


RBI expands FAR universe for FPIs to boost capital inflows

Mumbai, June 5 -- The Reserve Bank of India (RBI) has thrown open a wider section of the government bond market to foreign investors, easing investment restrictions and expanding the pool of securitie... Read More


RBI holds repo rate at 5.25%, retains neutral stance

MUMBAI, June 5 -- The Reserve Bank of India's rate-setting panel on Friday unanimously kept the repo rate unchanged at 5.25% and retained its "neutral" stance, despite a sharp depreciation in the rupe... Read More


RBI holds repo rate at 5.25%, cuts GDP forecast

MUMBAI, June 5 -- The Reserve Bank of India's rate-setting panel on Friday unanimously kept the repo rate unchanged at 5.25% and retained its "neutral" stance. The central bank also trimmed its real G... Read More


India-US trade deal weeks away as negotiators resolve 99% of issues, says US Ambassador Sergio Gor

MUMBAI, June 3 -- India and the US have resolved 99% of the issues holding up an interim trade agreement and are likely to finalize the deal within weeks, US Ambassador Sergio Gor said on Wednesday. ... Read More


India spending big on AI, but lacks talent to deploy it, says SBI chairman

Mumbai, June 3 -- As Indian companies ramp up spending on artificial intelligence (AI), a shortage of skilled talent to deploy AI solutions is emerging as one of the biggest challenges to the country'... Read More


Vadodara eyes India's first public blue municipal bond issue, plans Rs.200 crore fundraising

MUMBAI, June 2 -- Vadodara Municipal Corporation (VMC) is preparing to tap retail investors with what is expected to be India's first blue bond and the country's first public issue of blue municipal b... Read More


RBI set to hold rates on 5 June as war-driven inflation clouds outlook

Mumbai, June 1 -- India's central bank is expected to keep interest rates unchanged despite a sharp depreciation in the rupee and repeated fuel price hikes following the West Asia conflict. A Mint po... Read More