India central bank likely 'passively' mopping dollar inflows, traders say
The Reserve Bank of India has likely been "opportunistically" absorbing dollar inflows over the past few sessions, probably ...
Indian central bank says IndusInd Bank's financial health remains stable
India's central bank said on Saturday that private lender IndusInd Bank is well-capitalised and the financial position of the ...
Derivatives issue specific to IndusInd Bank, not an industry-wide problem, RBI review likely to say
Moneycontrol reported that RBI had begun a review of derivative books of private and state-owned banks after IndusInd Bank ...
India's FX priorities challenge 'impossible trinity' assumptions
India's central bank is prioritising currency stability over concerns about credit market tightness, defying wider market ...
SBI likely among top investors in IndusInd Bank’s CDs
Moneycontrol reported on March 18 that state-owned banks subscribed to the bulk of Rs 12,850-crore worth of certificates of deposits issued by IndusInd Bank ...
Investopedia6d
Rupee: Definition, Value, and Examples of Indian Currency
The official currency of India is the rupee (INR), which is issued and regulated by the Reserve Bank of India. It's denoted by the symbol ₹ and is subdivided into 100 paise. The primary medium ...
Devdiscourse1d
RBI and BOM Seal Historic Pact for Cross-Border Currency Transactions
The Reserve Bank of India and the Bank of Mauritius signed an MoU to promote the use of Indian and Mauritian Rupees for cross-border transactions. This agreement aims to optimize trade costs and ...
Analysis-India's FX Priorities Challenge 'Impossible Trinity' Assumptions
Analysts say India, like other emerging markets, is currently facing what is known as the "impossible trinity" - the ...