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Reserve Bank of India net sold $6.5 billion in August, shows data

The Reserve Bank of India (RBI) was a net seller of the US dollar in August, reversing its net buying position from July. Photograph: Shailesh Andrade/Reuters During the current financial year up......

Payments banks urge FinMin to raise deposit limit to Rs 5 lakh

Payments banks have urged the Union finance ministry to increase their deposit limit for each account to Rs 5 lakh, according to a source who participated in a meeting, chaired by the Department of......

Reserve Bank of India may conduct OMO auction in first week of Nov

Bond market participants expect an open market operation (OMO) auction in the first week of November as the banking system liquidity is expected to ease on the back of government spending and......

Trade war hit on India likely to be limited: RBI

The Indian economy could remain less affected by global trade wars than other countries because the two engines of domestic growth — consumption and investment — are likely to face a......

Reserve Bank cancels Sahara's NBFC licence

The Reserve Bank of India on Monday said it had cancelled the licence of Sahara India Financial Corporation Ltd, the Sahara group’s non-banking financial company, effective September 3. In......

Reserve Bank Of India Rsquo

News for Reserve Bank Of India Rsquo

Reserve Bank of India net sold $6.5 billion in August, shows data

Payments banks urge FinMin to raise deposit limit to Rs 5 lakh

Reserve Bank of India may conduct OMO auction in first week of Nov

Trade war hit on India likely to be limited: RBI

Reserve Bank cancels Sahara's NBFC licence

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