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Rupee, RBI
Rupee hits record low on strong NDF dollar bids; RBI likely steps in
The Indian rupee weakened to an all-time low on Friday, hurt by persistently strong dollar demand in the non-deliverable forwards (NDF) market, while likely intervention by the Reserve Bank of India (RBI) capped the currency's losses.
Rupee hits new low as RBI’s forward strategy stir markets
Indian Rupee hits record low at 85.81 per dollar, driven by RBI actions, market activity, and speculation, experts say.
Rupee falls 23 paise to hit fresh record low of 85.50 against US dollar
According to analysts, the Reserve Bank's stance to hold on to its dollar payments in short-term forward contracts added to the shortage of greenback, with importers rushing to meet their month-end payment obligations.
Press Trust of India on MSN
7m
India’s forex reserves drop $8 bn to $644 bn over revaluation, RBI interventions on rupee volatility
The reserves have been declining for the last few weeks, and the drop has been attributed to revaluation along with forex ...
8h
RBI Announces ‘FREE-AI’ Committee To Ensure Ethical AI In Finance
The Reserve Bank of India (RBI) has announced the creation of an eight-member committee to develop a framework for the ...
Daily Excelsior
1h
Singh’s contributions as architect of India’s economic reforms have left indelible mark: RBI Guv
Manmohan Singh’s contributions as the architect of India’s economic reforms have left an indelible mark, RBI Governor Sanjay ...
11h
RBI approves PPI holders to make UPI payments via third-party apps
RBI allows PPI users to use UPI payments via third-party apps, enhancing interoperability and convenience for digital ...
devdiscourse
13h
RBI Greenlights UPI Payments via Prepaid Wallets
The Reserve Bank of India has authorized the use of prepaid payment instruments (PPIs) for UPI transactions on third-party ...
inc42
13h
RBI Allows PPIs To Use UPI Via Third-Party Apps
RBI has announced that Prepaid Payment Instruments (PPIs) with full KYC will now be able to make UPI payments through ...
1h
RBI allows UPI access through prepaid payment instruments for full-KYC third-party applications
Earlier, UPI payments from or to a bank account could be carried out using the UPI application of that bank or of any third-party application provider. However, UPI payments from or to a PPI could ...
devdiscourse
1d
RBI's Alarming Spike in Banking Frauds: A Wake-up Call for the Financial Sector
Recent RBI data highlights a concerning surge in bank frauds in India, with cases spiking significantly in the current fiscal ...
11d
on MSN
Season for Sharing: Indy RBI seeks to level the baseball diamond
The nonprofit youth baseball and softball league, which aims to create "major league citizens," served 1,875 kids last year.
Moneylife
15h
RBI Highlights Rising Risks in Unsecured Lending and Private Credit Markets
The Reserve Bank of India (RBI) has raised concerns about the growing risks associated with unsecured lending and private ...
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