The banking regulator formalized the operational exclusion following previous regulatory compliance restrictions.
Tag: Reserve Bank of India
Reserve Bank of India raises repo rate by 25 basis points to 5.50 percent
In its monetary policy review, the central bank implemented its first interest rate hike since 2023 to tame persistent inflation.
Indian Rupee weakens by 34 paise against US dollar as elevated crude prices pressure foreign reserves
The domestic currency faced downward pressure from aggressive foreign institutional selling and surging energy import bills.
Reserve Bank of India conducts massive ₹7 lakh crore 30-day VRRR auction to absorb liquidity
The central bank absorbed surplus funds from the domestic banking system while offering participating lenders early exit options.
India’s foreign exchange reserves hit all-time historic high, crossing USD 740 billion
Substantial foreign capital inflows and central bank currency maneuvers propelled forex reserves to record levels.