Keywords: Reserve bank of india
The BRICS group is examining ways to improve cross-border payments by potentially linking fast payment systems and central bank digital currencies among its member states, according to Reserve Bank of India Governor Sanjay Malhotra. Speaking at an event in Mumbai, Malhotra said that reducing the cost......
India has attracted more than $40 billion in foreign financial inflows in recent weeks, helping strengthen the country’s foreign exchange reserves as authorities intensify efforts to stabilize the rupee amid global market uncertainty and rising energy costs. According to data from the Reserve......
India is considering a significant update to its foreign investment regulations, with the Reserve Bank of India (RBI) proposing a broader definition of what constitutes foreign control of an Indian company. The draft reforms are intended to modernize the country's foreign exchange management framework......
India has secured nearly $10 billion in foreign currency inflows through a special deposit programme launched by the Reserve Bank of India (RBI), as authorities seek to reinforce foreign exchange reserves and support the stability of the Indian rupee, according to sources familiar with the matter. The......
India's financial authorities are signalling a tougher stance on cryptocurrencies, with the country's central bank once again advocating policies that would effectively prohibit crypto assets while tax officials warn that offshore trading platforms present growing compliance challenges. Government......
Foreign investors have made a strong return to India's banking sector, with financial stocks attracting their largest fortnightly inflows in 14 months during the second half of June, supported by policy initiatives, attractive valuations and improving earnings expectations. Data released by the......
The Indian rupee is expected to remain under pressure against the U.S. dollar over the coming months, despite recent policy measures by the Reserve Bank of India (RBI) aimed at attracting foreign capital and strengthening the country's external position. According to a Reuters survey of currency......
Reserve Bank of India intervened heavily in the foreign exchange market during March after the Indian rupee came under strong pressure from rising global energy prices and financial uncertainty linked to tensions in the Middle East. According to official financial data, the central bank became a net......
The Indian rupee and government bond markets are expected to remain highly sensitive to upcoming inflation data as global investors continue to monitor geopolitical tensions linked to the ongoing conflict involving the United States and Iran. The currency and debt markets in India have been influenced......
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