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...
archiveReserve Bank of India
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,...
Trump’s plan to tax remittances to hurt Indian families, cost up to $18 bn a year: GTRI
New Delhi: An American proposal to tax money sent abroad by non-US citizens is raising concerns in India. If passed,...
Currency in circulation grows 2.4% year to date up to May 2, shows RBI data
Currency notes aren't museum pieces – at least, not yet - in the digital era.Growth in currency in circulation is...
‘Indian MFs are extremely smart or extremely stupid…’: Expert on MF investment in cryptocurrencies
Engaging in investments requires careful consideration, but diversifying your portfolio can help simplify the process. However, investing in cryptocurrencies, like...
India’s forex reserves jump $1.98 billion to $688.13 billion
India's forex reserves increased $1.983 billion to $688.129 billion during the week ended April 25, the RBI said on Friday.This...
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...
Navigating FPI outflows: Impact on India’s financial markets and currency – Opinion News
By Sandeep Parekh The Reserve Bank of India (RBI) Bulletin for March 2025 noted sustained foreign portfolio investment outflows exerting...
Soiled currency notes trade in Hyderabad on its last legs due to low returns-Telangana Today
Once thriving, kiosks exchanging damaged currency now dwindle, as digital payments reduce cash use Published Date - 8 April 2025,...
Banks block Indian promoters’ foreign NBFC plans
Mumbai: Some of the large banks are blocking plans of Indian promoters to form investment companies abroad.The banks fear such...
