India's foreign exchange reserves have declined to a ten-month low of $625.87 billion, influenced by the RBI's intervention to stabilize the rupee. Despite the drop, reserves remai...
India's forex reserves have fallen to a 10-month low of $625.9 billion, with the rupee experiencing its steepest weekly drop in 18 months. The decline is attributed to RBI's dollar...
India's foreign exchange reserves have dropped by $8.714 billion to $625.871 billion, as reported by the RBI. The decline is attributed to revaluation and the RBI's interventions i...
Net household financial savings are expected to significantly rebound in H1 FY25, driven by a decrease in liabilities and an increase in gross financial savings. This positive tren...
The Indian rupee has continued its downward trend against the US dollar, nearing the 86 mark for the tenth consecutive week. This decline is attributed to strong US non-farm payrol...
The Indian rupee has plummeted to a historic low against the dollar, influenced by a strong dollar, weak equity markets, and subdued capital flows. Despite RBI's interventions, the...
India's foreign exchange reserves have decreased by $4.112 billion to $640.279 billion, as reported by the Reserve Bank of India. This decline is part of a consistent decrease in r...
State Bank of India introduces a digital onboarding process for NRIs, eliminating paperwork for NRE and NRO accounts. This move, aimed at enhancing customer convenience and reducin...
The RBI has released the January 2025 bank holiday schedule, highlighting state-specific closures due to various regional festivals. Essential for planning financial activities, th...
The Indian rupee ended 2024 with a 2.8% depreciation against the US dollar, marking its seventh consecutive year of decline. Factors include a potential shift in RBI's forex strate...
In 2024, India experienced a 99% drop in Foreign Portfolio Investment (FPI) inflows, from Rs 1.71 lakh crore in 2023 to Rs 2,026 crores. This decline is attributed to the strong US...
India's household debt has risen over the past three years but remains low compared to other emerging markets. The increase is driven by more borrowers rather than higher individua...
RBI Governor Sanjay Malhotra forecasts a strong entry into 2025 for India's financial sector, citing robust earnings, low impaired assets, and solid capital buffers. Despite global...
Indian banks face a potential rise in NPAs by 2026, with RBI's stress tests indicating worsening asset quality, especially among private sector banks. The report also highlights vu...
The Indian rupee reached a historic low against the dollar, closing at 85.53, with an intraday low of 85.80. Factors include panic dollar buying, increased demand, and maturing NDF...
India's foreign exchange reserves have significantly declined by $8.478 billion to $644.391 billion, as reported by the Reserve Bank of India. This marks a continued downward trend...
The Indian rupee has hit a historic low against the US dollar, closing at 85.26, marking its third consecutive session of decline. Market analysts predict the rupee will trade with...
The Supreme Court has ruled that banks can charge over 30% interest on credit card dues, overturning a 16-year-old NCDRC verdict. This decision emphasizes the importance of clear c...
India's forex reserves as of June 2024 are sufficient to meet over 11 months of imports and 96% of external debt, according to the RBI. The reserves have increased by $6.4 billion ...
Raghuram Rajan reveals that ex-finance minister Arun Jaitley supported cleaning up bad loans of Indian banks, highlighting the need for decisive action amidst corruption and global...
India's foreign exchange reserves have dropped to a near six-month low of $652.87 billion, influenced by RBI interventions and currency fluctuations. The rupee also hit an all-time...
Wholesale price-based inflation (WPI) drops to a three-month low of 1.89% in November, driven by reduced food prices. Financial experts expect a 0.25% interest rate cut by the RBI ...
SBI report shows food inflation declines faster in high-income states due to workforce movement. Retail inflation aligns with RBI's 4% target. GFCF distribution changes noted.
Morgan Stanley predicts India's CPI inflation to ease to 5.5% in November from 6.2% in October, driven by falling food prices and deceleration in core CPI. This decline offers reli...
