News for '-apex-bank'

India's forex reserves drop $2.92 bn to $652.9 bn

India's forex reserves drop $2.92 bn to $652.9 bn

Rediff.com21 Jun 2024

India's forex reserves dropped by $2.922 billion to $652.9 billion for the week ended June 14, the Reserve Bank said on Friday. In the previous reporting week, the kitty had jumped by $4.307 billion to $655.817 billion, a new all-time high after consecutive weeks of increase in the reserves.

India's forex reserves hit record high of $655.8 bn

India's forex reserves hit record high of $655.8 bn

Rediff.com14 Jun 2024

India's forex reserves jumped $4.307 billion to a new all-time high of $655.82 billion for the week ended June 7, the Reserve Bank of India (RBI) on Friday. The kitty had jumped $4.84 billion to $651.51 billion in the previous reporting week.

Forex reserves drop $4.8 bn to $670.11 bn

Forex reserves drop $4.8 bn to $670.11 bn

Rediff.com16 Aug 2024

India's forex reserves dropped by $4.8 billion to $670.12 billion for the week ended August 9, the Reserve Bank of India said on Friday. In the previous reporting week, the kitty jumped by $7.53 billion to an all-time high of $674.92 billion.

Forex reserves jump $2.56 bn to $644.15 bn

Forex reserves jump $2.56 bn to $644.15 bn

Rediff.com17 May 2024

India's forex reserves jumped $2.56 billion to $644.15 billion for the week ended May 10, the Reserve Bank of India (RBI) said on Friday. In the previous reporting week, the kitty had increased $3.67 billion to $641.59 billion after three consecutive weeks of decline.

Forex kitty reaches new high of $648.7 bn

Forex kitty reaches new high of $648.7 bn

Rediff.com24 May 2024

India's forex reserves jumped $4.54 billion to a new all-time high of $648.7 billion for the week ended May 17, the Reserve Bank said on Friday. This is the third consecutive week of increase in the overall kitty, which had increased by $2.56 billion to $644.15 billion in the previous reporting week ended May 17.

Forex reserves drop $2.41 bn to $637.92 bn

Forex reserves drop $2.41 bn to $637.92 bn

Rediff.com3 May 2024

India's forex reserves dropped $2.412 billion to $637.922 billion as on April 26, in the third consecutive weekly decline in the reserves, the Reserve Bank of India (RBI) said on Friday. In the previous reporting week, the overall reserves had declined $2.28 billion to $640.33 billion. For the week ended April 5, the reserves had hit an all-time high of $648.562 billion following multiple weeks of increases.

India's forex kitty jumps to all-time high of $645.58 bn

India's forex kitty jumps to all-time high of $645.58 bn

Rediff.com6 Apr 2024

India's foreign exchange reserves increased $2.95 billion to $645.58 billion for the week ended March 29, the Reserve Bank of India (RBI) said on Friday. This is the sixth consecutive week of a jump in overall reserves. The kitty had increased $140 million to $642.63 billion in the previous reporting week.

India's forex kitty drops $2.28 bn to $640.33 bn

India's forex kitty drops $2.28 bn to $640.33 bn

Rediff.com26 Apr 2024

India's forex reserves decreased $2.282 billion to $640.33 billion for the seven days ended April 19 in the second consecutive week of drop in the kitty, the Reserve Bank of India (RBI) said on Friday. The reserves had dropped $5.40 billion to $643.16 billion in the previous reporting week, ending a multi-week trend of an increase, which also saw the overall reserves touching a new all-time high of $$648.56 billion for the week ended April 5.

Forex kitty jumps $2.98 bn to new high of $648.562 bn

Forex kitty jumps $2.98 bn to new high of $648.562 bn

Rediff.com12 Apr 2024

India's forex reserves jumped by $2.98 billion to a fresh peak of $648.56 billion for the week ended April 5, the RBI said on Friday. In the previous reporting week, the forex kitty had increased by $2.951 billion to $645.583 billion, which was an all-time high. In September 2021, the country's forex kitty reached an all-time high of $642.453 billion, a level that was breached in March this year.

Forex kitty rises by $6.40 bn to $642.50 bn

Forex kitty rises by $6.40 bn to $642.50 bn

Rediff.com22 Mar 2024

India's forex reserves increased by $6.4 billion to $642.49 billion for the week ended March 15, the Reserve Bank said on Friday. In the previous reporting week, the overall reserves had risen by $10.47 billion to $636.09 billion. In October 2021, the country's forex kitty had reached an all-time high of $645 billion.

Forex reserves jump by $2.97 bn to $619 bn

Forex reserves jump by $2.97 bn to $619 bn

Rediff.com1 Mar 2024

India's forex reserves jumped by $2.97 billion to $619.07 billion for the week ended February 23, the Reserve Bank said on Friday. In the previous reporting week, the overall reserves had dropped by $1.13 billion to $616.10 billion. For the week ending February 23, the foreign currency assets, a major component of the reserves, increased by $2.40 billion to $548.19 billion.

India's forex reserves drop by $2 bn to $646.67 bn

India's forex reserves drop by $2 bn to $646.67 bn

Rediff.com31 May 2024

India's forex reserves dropped by $2.03 billion to $646.67 billion for the week ended May 24, the Reserve Bank said on Friday. In the previous reporting week, the kitty had reached an all-time high of $648.7 billion after a jump of $4.55 billion.

RBI unlikely to cut interest rate in October

RBI unlikely to cut interest rate in October

Rediff.com6 Oct 2024

The Reserve Bank is unlikely to cut the benchmark interest rate in its forthcoming bi-monthly monetary policy review later in the week as retail inflation is still a cause of concern, and there is a possibility of the Middle East crisis deteriorating further, impacting crude oil and commodity prices, say experts.

India's forex reserves jump by $3.66 bn to $641.59 bn: RBI

India's forex reserves jump by $3.66 bn to $641.59 bn: RBI

Rediff.com10 May 2024

After three consecutive weeks of drop, India's forex reserves increased by $3.67 billion to $641.59 billion for the week ended May 3, the RBI said on Friday. The overall kitty dropped $2.412 billion to $637.922 billion for the previous week ended April 26.

Will India's forex kitty swell to a new record high?

Will India's forex kitty swell to a new record high?

Rediff.com5 Jan 2024

India's forex reserves jumped by $ 2.76 billion to $ 623.2 billion in the week ended December 29, the Reserve Bank said on Friday. In the previous reporting week, the overall reserves had increased by $4.47 billion to $620.44 billion. In October 2021, the country's forex kitty had reached an all-time high of $ 645 billion.

Forex reserves jump $2.82 bn to $606.86 bn

Forex reserves jump $2.82 bn to $606.86 bn

Rediff.com15 Dec 2023

India's forex reserves jumped $2.816 billion to $606.86 billion in the week ended December 8, the Reserve Bank of India (RBI) said on Friday. In the previous reporting week, the overall reserves had risen $6.11 billion to $604.04 billion. It can be noted that in October 2021, the country's forex kitty had reached an all-time high of $645 billion.

Forex reserves jump $9.11 bn to $615.97 bn

Forex reserves jump $9.11 bn to $615.97 bn

Rediff.com22 Dec 2023

India's forex reserves jumped $9.11 billion to $615.97 billion in the week ended December 15 and the quantum of increase is one of the highest for a week, according to RBI data. In the previous reporting week, the overall reserves had risen $2.82 billion to $606.86 billion. In October 2021, the country's forex kitty reached an all-time high of $645 billion.

India's forex kitty jumps $10.47 bn to $636.09 bn

India's forex kitty jumps $10.47 bn to $636.09 bn

Rediff.com15 Mar 2024

India's forex kitty jumped by $10.47 billion to $636.09 billion for the week ended March 8, the Reserve Bank said on Friday. In the previous reporting week, the overall reserves had risen by $6.55 billion to $625.63 billion. In October 2021, the country's forex kitty had reached an all-time high of $645 billion.

Forex reserves decline by $2.36 bn to $583.53 bn

Forex reserves decline by $2.36 bn to $583.53 bn

Rediff.com27 Oct 2023

India's forex reserves declined by $2.36 billion to $583.53 billion during the week ended October 20, according to the Reserve Bank of India data. In the previous reporting week, the overall reserves had increased by $1.15 billion to $585.89 billion. In October 2021, the country's forex kitty reached an all-time high of $645 billion.

Forex reserves increase by $1.15 bn to $585.89 bn

Forex reserves increase by $1.15 bn to $585.89 bn

Rediff.com20 Oct 2023

After multiple weeks of decline, India's forex reserves increased by $1.15 billion to $585.89 billion during the week ended October 13, according to the RBI data. In the previous reporting week, the overall reserves had dropped by $2.17 billion to $584.74 billion. In October 2021, the country's forex kitty reached an all-time high of $645 billion.

Forex reserves up $591 mn to $616.7 bn

Forex reserves up $591 mn to $616.7 bn

Rediff.com2 Feb 2024

India's forex reserves increased $591 million to $616.733 billion for the week ended January 26, the Reserve Bank of India (RBI) said on Friday. In the previous reporting week, the overall reserves had dropped $2.79 billion to $616.14 billion. The country's forex kitty had reached an all-time high of $645 billion in October 2021.

India's forex reserves decline $4.9 billion to $593.90 billion

India's forex reserves decline $4.9 billion to $593.90 billion

Rediff.com15 Sep 2023

India's forex reserves dropped by $4.992 billion to $593.904 billion for the week ended September 8, the Reserve Bank of India said on Friday. In the previous reporting week, the kitty had jumped $4.04 billion to $598.9 billion. The country's forex kitty had reached an all-time high of $645 billion in October 2021.

India's forex reserves drop $30 mn to $594.86 bn

India's forex reserves drop $30 mn to $594.86 bn

Rediff.com1 Sep 2023

India's forex reserves dropped by $30 million to $594.858 billion for the week ended August 25, the Reserve Bank said on Friday. In the previous reporting week, the overall reserves had dropped by $7.27 billion to $594.89 billion. It can be noted that in October 2021, the country's forex kitty had reached an all-time high of $645 billion.

Forex reserves jump $1.63 bn to $618.9 bn

Forex reserves jump $1.63 bn to $618.9 bn

Rediff.com19 Jan 2024

India's forex reserves jumped $1.63 billion to $618.94 billion for the week ended January 12, the Reserve Bank of India (RBI) said on Friday. In the previous reporting week, the overall reserves had declined sharply by $5.89 billion to $617.3 billion. The country's forex kitty had reached an all-time high of $645 billion in October 2021.

India's forex reserves drop $7.27 bn to $594.88 bn

India's forex reserves drop $7.27 bn to $594.88 bn

Rediff.com25 Aug 2023

India's forex reserves dropped by $7.27 billion to $594.89 billion for the week ended August 18, the Reserve Bank said on Friday. In the previous reporting week, the overall reserves had risen by $708 million to $602.16 billion. The country's forex kitty had reached an all-time high of $645 billion in October 2021.

Forex reserves rise by $1.85 billion to $595.05 billion

Forex reserves rise by $1.85 billion to $595.05 billion

Rediff.com7 Jul 2023

India's foreign exchange reserves rose by $1.85 billion to $595.05 billion in the week ended on June 30, the Reserve Bank of India said on Friday. The overall reserve had dropped by $2.90 billion to $593.20 billion in the previous reporting week. In October 2021, the country's forex reserve had reached an all-time high of $645 billion.

India's foreign exchange reserves jump $2.54 bn to $597.93 bn

India's foreign exchange reserves jump $2.54 bn to $597.93 bn

Rediff.com1 Dec 2023

India's foreign exchange reserves increased $2.54 billion to $597.93 billion for the week ended November 24, the Reserve Bank said on Friday. In the previous reporting week, the overall reserves had jumped $5.08 billion to $595.4 billion. For the week ended November 24, the foreign currency assets, a major component of the reserves, increased $2.14 billion to $528.53 billion, as per the data from the Reserve Bank of India (RBI).

Forex reserves drop $2.9 bn to $593.19 billion

Forex reserves drop $2.9 bn to $593.19 billion

Rediff.com30 Jun 2023

India's forex reserves dropped $2.901 billion to $593.19 billion in the week ended June 23, the Reserve Bank said on Friday. The overall reserves increased by $2.35 billion to $596 in the previous reporting week. It can be noted that in October 2021, the country's forex kitty had reached an all-time high of $645 billion.

Forex kitty swells by $12.74 bn to $609.02 billion

Forex kitty swells by $12.74 bn to $609.02 billion

Rediff.com21 Jul 2023

India's forex reserves have swelled by $12.74 billion to $609.02 billion in the week ended July 14, making it one of the strongest weekly surges in the kitty in recent times, the Reserve Bank of India said on Friday. In the previous reporting week, the overall reserves had risen by $1.23 billion to $596.28 billion. It can be noted that in October 2021, the country's forex kitty had reached an all-time high of $645 billion.

Forex reserves drop $462 mn to $590.32 bn

Forex reserves drop $462 mn to $590.32 bn

Rediff.com17 Nov 2023

India's forex kitty decreased by $462 million to $590.32 billion for the week ended November 10, the Reserve Bank said on Friday. In the previous reporting week, the overall reserves had increased by $4.67 billion to $590.78 billion. In October 2021, the country's forex kitty had reached an all-time high of $645 billio

India's forex kitty declines by $1.32 bn to $593.75 bn

India's forex kitty declines by $1.32 bn to $593.75 bn

Rediff.com16 Jun 2023

India's forex reserves dropped by $1.32 billion to $593.75 billion for the week ended June 9, the Reserve Bank of India said on Friday. The overall reserves had jumped by $5.93 billion to $595.07 billion for the previous reporting week. It can be noted that in October 2021, the country's forex kitty had reached an all-time high of $645 billion.

Forex kitty drops $4.34 billion to $589.14 billion

Forex kitty drops $4.34 billion to $589.14 billion

Rediff.com2 Jun 2023

Falling for the second consecutive week, India's forex reserves dropped by $4.34 billion to $589.14 billion for the week ended May 26, the Reserve Bank said on Friday. In the previous reporting week, the reserves had declined by $6.05 billion to $593.48 billion. It can be noted that in October 2021, the country's forex kitty had reached an all-time high of $645 billion.

Forex reserves rise by $1.66 bn to $586.41 bn

Forex reserves rise by $1.66 bn to $586.41 bn

Rediff.com21 Apr 2023

India's forex reserves rose by $1.66 billion to $586.41 billion as of April 14, marking their second consecutive week of increase, according to the RBI data released on Friday. In the previous reporting week, the overall reserves rose by $6.31 billion to $584.76 billion. For the week ended April 14, the foreign currency assets, a major component of the reserves, increased by $2.20 billion to $516.64 billion, according to the Weekly Statistical Supplement released by the RBI.

India's apex bank fines 7 banks

India's apex bank fines 7 banks

Rediff.com24 Jan 2006

The fine was imposed in the exercise of powers vested in the RBI under the provisions of Section 47 A (1) (b) of the Banking Regulation Act, 1949.

Forex kitty jumps $3.5 bn to $599.53 bn

Forex kitty jumps $3.5 bn to $599.53 bn

Rediff.com19 May 2023

The overall reserves had jumped by $7.2 billion to $595.98 billion for the previous reporting week. It can be noted that in October 2021, the country's forex kitty had reached an all-time high of $645 billion.

Apex bank frowns on plastic party

Apex bank frowns on plastic party

Rediff.com25 Dec 2004

Forex kitty declines by $2.16 billion to $584.25 billion

Forex kitty declines by $2.16 billion to $584.25 billion

Rediff.com28 Apr 2023

India's forex reserves dropped by $2.164 billion to $584.248 billion for the week ended April 21, the Reserve Bank said on Friday. In the previous reporting week, the overall kitty had risen by $1.657 billion to $586.412 billion. It can be noted that in October 2021, the country's forex kitty had reached an all-time high of $645 billion.

Forex kitty drops $867 million to $593.04 billion

Forex kitty drops $867 million to $593.04 billion

Rediff.com22 Sep 2023

India's foreign exchange reserves declined $867 million to $593.04 billion in the week ended September 15, the Reserve Bank said on Friday. In the previous reporting week, the overall reserves dropped $4.99 billion to $593.90 billion. In October 2021, the country's reserves had touched an all-time high of $645 billion.

Forex reserves drop by $2.17 bn to $584.74 bn

Forex reserves drop by $2.17 bn to $584.74 bn

Rediff.com13 Oct 2023

The country's forex reserves dropped by a further $2.166 billion to $584.74 billion for the week ended October 6, the RBI said on Friday. India's forex kitty had gone down by $3.79 billion to $586.91 billion in the previous week. It can be noted that in October 2021, the country's forex kitty had reached an all-time high of $645 billion.