Anjali Kumari
Anjali Kumari
Bank of India has revised interest rates on select fixed deposits below ₹3 crore across medium and long-term tenures, with the revised rates taking effect from May 18
Market participants said that any sharp depreciation towards the 100/$ level may prompt policy responses from the government and the RBI, similar to measures introduced during the 2013 currency crisis
India is in a far healthier position from an economic perspective than it was during the taper tantrum period
SBI report says another ₹2 depreciation wipe out oil co's gain; Bond yields harden after fuel price hike
Bank of Baroda expects strong loan growth in FY27, supported by retail and MSME demand despite geopolitical uncertainties
The Reserve Bank of India will conduct a seven-day variable rate repo auction worth Rs 1 trillion to manage evolving liquidity conditions in the banking system
India's foreign exchange reserves increased to $696.99 billion in the week ended May 8, led by a sharp rise in gold reserves, according to RBI data
Says, it will keep a close watch on the emerging situation
The rupee hit a fresh low amid importer dollar demand and inflation concerns, before reports of possible tax cuts for foreign bond investors triggered a brief recovery
Persistent importer demand, elevated crude oil prices and West Asia tensions pushed the rupee to a record closing low despite RBI intervention
RBI said the switch operation will help the government spread redemption liabilities and reduce rollover risks by replacing short-term securities with longer-tenor bonds
CEO concerned over lower group exposure norms post elevation to upper layer
We expect to extend an additional Rs 18,000 crore- Rs. 20,000 crore of credit under the scheme. We have already identified eligible accounts, and the rollout will begin within the week, he said
Banks bid far below the notified amount at the RBI's short-term repo auction as surplus liquidity reduced the need for additional funds
Worst-performing Asian currency in 2026, second-worst since Iran war
The rupee weakened sharply as rising Middle East tensions lifted crude oil prices, strengthened the dollar and intensified pressure on India's external balances
Economists broadly agree that this financial year is shaping up to be tougher than the last for the external account
The Reserve Bank of India will conduct a Rs 50,000 crore VRR auction after overnight call rates moved above the policy repo rate amid evolving liquidity conditions
State-owned lender sees sharp fall in treasury gains amid hardening bond yields; asset quality and retail loan growth remain strong
India's foreign exchange reserves declined to $690 billion in the week ended May 1, led by a fall in gold reserves and foreign currency assets, RBI data showed