A former Reserve Bank of India official said the authority should ease its tight grip on the rupee, a view that comes amid ...
CBI/RBI schemes, once intended and designed to facilitate the diversification of less privileged countries' economies, are ...
The Reserve Bank of India (RBI) has implemented new restrictions on personal loans, impacting borrowers across the country.
The Indian rupee slipped to an all-time low in early trade on Monday, pressured by broad-based dollar bids while likely ...
Earlier, updates were only done on credit score every month, which would delay the effect of loan repayment as it happens.
RBI mandates lenders to update credit records every 15 days, enhancing credit score accuracy and borrower representation.
Chennai: The Reserve Bank of India continued adding gold to its reserves in November. It added 8 tonnes of gold, lifting the ...
Central banks around the world collectively, in November 2024, added 53 tonnes of gold to their reserves, of which the ...
In 2024, central banks – mostly those from emerging markets – remained keen buyers of gold, driven by the need for a stable ...
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Some big lenders in India have asked the central bank to inject liquidity using foreign-exchange swaps as short-term currency ...
RBI’s currency inflexibility, in contrast to the flexibility of the CNY and the strengthening of the USD, makes it imperative for the RBI to allow for a higher currency depreciation and ease its ...