IndusInd Bank, Wise partners to enable NRIs transfer fund to India
IndusInd Bank has announced its collaborative move with Wise to enable online inward remittance services to Non Resident Indians (NRIs)...
archiveRBI
India’s forex reserves almost touch $600 billion, hit one-year high
NEW DELHI: India's foreign exchange reserves continue to rise and are edging towards $600 billion, hitting a nearly one-year high.In...
RBI asks banks to ensure complete transition away from LIBOR
LIBOR stands for London Interbank Offered Rate. An interest rate average submitted by leading UK banks. The Reserve Bank of...
International trade in rupee currency soon, says Piyush Goyal
Commerce and Industry Minister Piyush Goyal on Saturday expressed hope that traders will soon be able to settle foreign trade...
Rupee in a sweet spot as dollar loses lustre
In May 2022, when the RBI began the current rate hike cycle with a sudden 40 basis points hike in...
Your Money: No fear, our banking structure is robust
We often perceive safety or quality by the colour of the skin. It is common knowledge where the global financial...
Russia suggests trade payment in ₹ via UAE
New Delhi: Sanctions-hit Russia is looking to settle its oil sales to India in rupees by involving the UAE, two...
Rbi: Impact of US, European bank crisis in India limited, ‘our financial system safe’: Ex-RBI governor Subbarao
HYDERABAD: The probability of a knock-on impact of the ongoing banking crisis in the United States and Europe in India...
MARKET LIVE: Sensex up 450 pts; RIL gains 2%, Adani Ent 15%; L&T slips
STOCK MARKET LIVE: Equity benchmark were seen holding strong gains even as the Reserve Bank of India announced a 25...
Why did foreign exchange reserves fall $70 bn in 2022?
After three consecutive years of rise, India’s foreign exchange reserves declined by around $ 70 billion in 2022 amid rising...
