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Rupee ends flat, unable to benefit from rise in Asian peers

Economy

26 August, 2024

Rupee ends flat, unable to benefit from rise in Asian peers

The Indian rupee closed nearly flat on Monday, as dollar demand from importers and foreign banks offset early gains ......

Rupee logs worst single-day fall in almost two months

Economy

21 August, 2024

Rupee logs worst single-day fall in almost two months

The Indian rupee dropped on Wednesday to log its worst single-day performance in nearly two months as dollar demand from......

Rupee continues to hover around 84/$ mark amid volatility

Finance

14 August, 2024

Rupee continues to hover around 84/$ mark amid volatility

The Indian rupee ended nearly flat on Wednesday as U.S. dollar demand from importers and foreign banks eroded the ......

SBI plans to sell Yes Bank stake worth $2.2 bn by end-March

Finance

13 August, 2024

SBI plans to sell Yes Bank stake worth $2.2 bn by end-March

State Bank of India (SBI), the country's largest lender, aims to strike a deal by end-March for the sale of its 24......

Rupee slips to fresh record low, in line with other Asian currencies

Economy

12 August, 2024

Rupee slips to fresh record low, in line with other Asian currencies

The Indian rupee slipped to its weakest closing level on Monday, pressured by a decline in its Asian peers while ......

RBI holds rates again as inflation fight continues; retains GDP forecast

Economy

08 August, 2024

RBI holds rates again as inflation fight continues; retains GDP forecast

The Reserve Bank of India (RBI) kept its key interest rate unchanged on Thursday, as widely expected, as it continued ......

Govt asks RBI to exempt sovereign funds from alternative investment fund rules

Finance

20 June, 2024

Govt asks RBI to exempt sovereign funds from alternative investment fund rules

The Indian government has asked the central bank to exempt sovereign funds from a recent set of tightened rules ......

RBI rejects reappointment of Raj Kumar Bansal as MD, CEO of Edelweiss ARC

Finance

11 June, 2024

RBI rejects reappointment of Raj Kumar Bansal as MD, CEO of Edelweiss ARC

India's central bank has rejected Edelweiss Asset Reconstruction Company's request to reappoint Raj Kumar Bansal......

RBI holds rates to further tame prices, raises growth outlook

Economy

07 June, 2024

RBI holds rates to further tame prices, raises growth outlook

The Reserve Bank of India (RBI) kept its key interest rate unchanged on Friday in a widely expected move as ......

Misuse of asset reconstruction firms to fast track insolvency process: RBI

Economy

31 May, 2024

Misuse of asset reconstruction firms to fast track insolvency process: RBI

Asset reconstruction companies (ARCs) are being misused by "tainted" promoters to enter the bankruptcy process after ......

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