Additionally, the RBI has entered into Local Currency Settlement System (LCSS) arrangements with select trade partners-UAE, ...

In 2023, the RBI permitted banks operating in the country to open Special Rupee Vostro Accounts (SRVAs) of partner banks from ...

FIEO urges the RBI to publicize the list of banks offering the rupee trade settlement system to enhance its usage among ...

The Federation of Indian Export Organisations (FIEO) urges the Reserve Bank of India to publicize information about banks ...

Saugata Bhattacharya, an external member of India's rate-setting panel, suggests India has scope for further rate cuts due to ...

India has room for more rate cuts, given the declining inflation and elevated uncertainties around growth, but any further ...

The Reserve Bank of India (RBI) has decided to inject more cash into the banking system by buying government bonds worth a ...

The Reserve Bank of India's plan to buy 1.25 trillion rupees ($14.66 billion) of bonds in May will likely lower the cost of ...

Governor Sanjay Malhotra said that the mindset of India's young generation has changed remarkably over the years, with many ...

RBI Governor Sanjay Malhotra affirmed India's commitment to market reforms despite global protectionism, highlighting ...

RBI expects that the Indian economy is set to grow at 6.5% this year despite the global uncertainties. Governor Sanjay ...

"Our strong domestic demand and relatively lower dependence on exports cushions the Indian economy from external spillovers,” ...