RBI has shortlisted six entities, including Engineers India and MECON, for a project to revamp currency management ...

The Reserve Bank of India was likely selling dollars on Tuesday to support the rupee, which was hit by weak global risk ...

The Reserve Bank of India (RBI) is set to modernize its currency management infrastructure, engaging both state-owned and ...

India’s foreign exchange reserves soared by $15.267 billion, reaching $653.966 billion in the week ending March 7, 2024—the ...

“The Subhadra scheme was the first government programme to distribute funds using the digital rupee. Following the success in ...

India's central bank is prioritising currency stability over concerns about credit market tightness, defying wider market ...

State-owned Engineers India and MECON as well as four private entities are in the fray for the project to comprehensively revamp RBI's currency management infrastructure in order to cater to future ...

New Delhi [India], March 16 (ANI): India's foreign exchange reserves had their highest weekly gains in over three years in ...

Malhotra took over as RBI Governor in December 2024, replacing Shaktikanta Das who demitted office after completion of his ...

In a recent report, the Reserve Bank of India disclosed that the nation’s forex reserves declined by $1.8 billion in the week ...

India's central bank is prioritising currency stability over concerns about credit market tightness, defying wider market ...

While India’s foreign currency buffer has doubled in the past 10 years, these are volatile capital flows. As former RBI deputy governor BP Kanungo put it in a speech in 2019: “One also needs ...