The dollar/rupee near forward premiums pushed higher this week on the back of the dollar liquidity spurred by the Reserve ...

The Indian rupee ended little changed on Thursday, wedged between gains in regional peers and importers' dollar demand, in a ...

The Indian central bank's unexpected and decisive intervention in the foreign exchange markets over the past two days, worth ...

The Indian rupee strengthened on Friday after struggling for most of the week as global markets were jolted by fears of a ...

The Reserve Bank of India last week cut the repo rate from 6.50% to 6.25%, the first such reduction since 2020. According to ...

The Reserve Bank of India's (RBI) restrictions on New India Co-operative Bank, located in Bandra, Mumbai, have triggered ...

Panic ensued among customers of New India Cooperative Bank in Mumbai after the RBI imposed severe restrictions due to ...

These directions came into effect on from the close of business on Thursday and are expected to remain in force for a period ...

According to the RBI notice, Considering the banks present liquidity position Bank has been directed not to allow withdrawal ...

The RBI on Thursday imposed several restrictions on city-based New India Co-operative Bank, including on withdrawal of funds ...

The bank has been barred from accepting new deposits or allowing withdrawals, leaving account holders in distress ...

These restrictions came into effect on Thursday (February 13) and will remain for six months, subject to review.