Another step to de-dollarisation? Why RBI wants local banks to make loans to overseas borrowers in Indian currency – Firstpost
The Reserve Bank of India (RBI) wants Indian banks to give loans to foreigners in rupees .The RBI has approached...
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Indian banks to soon lend in rupees to overseas borrowers? RBI seeks govt nod – Economy News
The Reserve Bank of India is taking a major step towards the internationalization of the Rupee. As per a Reuters...
India’s foreign exchange reserves drop to five-week low – Markets
MUMBAI: India’s foreign exchange reserves fell by $4.9 billion to a five-week low of $685.73 billion as of May 16,...
Bank, NBFC investments in AIFs may get smoother
Banks, non-bank lenders and financial institutions may get to invest up to 10% in the corpus of alternate investment fund...
India’s Forex Reserves Jump to USD 690.61 Billion
India's foreign exchange reserves rose by USD 4.553 billion to USD 690.617 billion in the week ended May 9, driven...
Rupee extends declines on escalating tensions between India-Pakistan
The rupee depreciated 30 paise to 85.88 against the US dollar in early trade on Friday, weighed down by intensifying...
India’s forex reserves rise by $8.3 billion to $688.13 billion: RBI report
According to the report, India’s total foreign exchange reserves stood at USD 688.13 billion as on April 25, 2025, reflecting...
India’s Forex Reserves Rise By USD 1.98 Billion To USD 688.13 Billion In April 25 Week, Says RBI
Despite the recovery in reserves, the Indian Rupee remains at or near its all-time low against the US dollar. The...
India’s foreign exchange reserves hit over six-month high – Markets
MUMBAI: India’s foreign exchange reserves rose for an eighth consecutive week and stood at an over six-month high of $688.13...
India’s Forex Reserves Surge to USD 688.13 Billion
India's forex reserves climbed USD 1.983 billion to USD 688.129 billion in the week ended April 25, marking the eighth...
