The Reserve Bank of India's $5 billion 6-month dollar/rupee buy-sell swap auction was oversubscribed five-fold on Friday, ...

India's foreign exchange reserves halted a seven-week losing streak and rose to $629.56 billion as of Jan. 24, coming off ...

MUMBAI (Reuters) - The Reserve Bank of India's $5 billion dollar/rupee buy-sell swap auction on Friday is likely to see ...

Indian Prime Minister Narendra Modi may seek to arrest slowing economic growth in the world's fifth-largest economy and ...

DeepSeek-R1, developed by a Chinese AI lab, is potentially highly competitive and shockingly cost-effective, and could be a ...

The Reserve Bank of India, on Monday, announced a slew of measures to inject liquidity into the banking system. The central ...

Banks will be open today, February 1, despite upcoming holidays in February due to various festivals. Finance Minister ...

The repo rate is the interest rate at which the RBI lends money to commercial banks when they need funds. When the repo rate ...

The auction was seen as a good opportunity to sell old 10-year bonds and 14-year bonds, which were part of banks’ held to maturity (HTM) book at a profit, said traders.

The Reserve Bank of India (RBI) on Friday said it has imposed penalties on Equitas Small Finance Bank and India Post Payments ...

The central bank is trying to address a market problem in which it too has played a significant role. The episode’s lesson is ...

India’s central bank bought 200 billion rupees ($2.3 billion) of bonds as planned at the first open-market auction in almost four years.