Reserve Bank of India


Rise In Indian Remittances From The Gulf Hides Tales Of Coronavirus Heartbreak

Middle East Business News - Published date: .

Indian banks see jump in remittances from the GCC by as much as 20% but the global pandemic still spells misery for many... Read more

Strong Rupee, Falling Interest Rates Lead To Plunge In NRI Deposits In India

Middle East Business News - Published date: .

Kerala, home to a large chunk of expat Indians, however, has seen growth in both NRI remittances and bank deposits in th... Read more

India Central Bank Denies Reports Of Selling Gold From Reserves

Middle East Business News - Published date: .

The Economic Times had reported on Friday that the Reserve Bank of India started trading in gold actively since July Read more

India's Central Bank Cuts Interest Rate With More Easing Seen

Middle East Business News - Published date: .

Thursday's cut reverses the 50 basis points of increases delivered by the Reserve Bank of India last year Read more

India's Central Bank Injects Liquidity Into Mark In Bid To Soften Lending Rates

Middle East Business News - Published date: .

The Reserve Bank of India is slated to buy back $1.8 billion worth of government securities this week Read more

India Central Bank Faces Trouble Getting Banks To Cut Rates

Middle East Business News - Published date: .

A mismatch between deposits and credit growth, and competition from the government for small-savings mean banks face a h... Read more

India Central Bank Faces Trouble Getting Banks To Cut Rates

Middle East Business News - Published date: .

A mismatch between deposits and credit growth, and competition from the government for small-savings mean banks face a h... Read more

India Central Bank Cuts Rates Ahead Of Election

Middle East Business News - Published date: .

It marked the first interest rate decision under new bank chief Shaktikanta Das, an ally of Modi who was appointed in De... Read more

India Central Bank Cuts Rates Ahead Of Election

Middle East Business News - Published date: .

It marked the first interest rate decision under new bank chief Shaktikanta Das, an ally of Modi who was appointed in De... Read more

India's SBI Raises $1.25bn From Overseas Bonds

Middle East Business News - Published date: .

Some analysts see the move as a proxy attempt by the government to prevent the rupee from falling again Read more