The latest data showed India’s forex reserves were at Rs 65.20 lakh crore approximately $688 billion providing a strong external buffer.
Tag: RBI
RBI Yashwant Co-Op Bank Licence Cancellation Leaves Thousands of Depositors at Risk
The RBI’s decision to cancel Yashwant Co-operative Bank’s licence left thousands of account holders uncertain about access to their deposits.
RBI Cancels Licence of Yashwant Co-operative Bank in Phaltan Maharashtra
The Reserve Bank of India revoked the operating licence of Yashwant Co-operative Bank based in Phaltan Maharashtra citing concerns about its financial viability.
RBI Proposes Stricter Loan Recovery Norms Barring Lenders from Blocking Devices
The Reserve Bank of India floated draft rules that would prevent lenders from remotely disabling borrowers’ devices such as smartphones as a debt recovery tool.
India West Asia Conflict Impact Weighs on Sovereign Bond Yields and FII Flows
The ongoing Iran war created a challenging fiscal environment for India with bond markets and foreign capital under pressure
India Long-Duration Gilt Mutual Funds Lose Shine as Bond Yields Spike
Long-term government bond funds attracted less investor interest as rising yields reduced their return potential
RBI Next Rate Decision Scheduled for June 5 As Out-of-Cycle Cut Remains Possible
India’s central bank is keeping its options open ahead of the June 5 MPC meeting, with markets watching for any emergency rate action.
Claim That India’s Rupee Hit All-Time Low on May 20 is Misleading Says RBI Data
While the rupee weakened on May 20 fact-checkers clarified it has not reached its all-time low as viral posts claimed
BHEL Employee Cheated of Rs 15 Lakh in Digital Arrest Scam Using Fake CBI and RBI Officials
A 56-year-old Hyderabad BHEL employee was defrauded by cybercriminals impersonating CBI and RBI officials
RBI Expected to Cut Rates Once More Before Year-End Says JP Morgan Report
JP Morgan analysts anticipate at least one more rate cut from the Reserve Bank of India before December 2026