The MPC, led by Governor Sanjay Malhotra, has announced measures to ease rules for NRIs and expand the role of the Rupee in ...
RBI has permitted authorised dealer banks in India and their overseas branches to lend in Indian Rupees to persons resident ...
An RBI release said that Authorised Dealer (AD) banks in India and their overseas branches can now lend in Indian Rupees to ...
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RBI sees rupee under speculative attack, will intervene further
RBI intervenes to strengthen rupee against speculative attacks, aiming to prevent breach of record low levels.
With these measures, the RBI also looks to push the domestic currency to the forefront and promote internationalisation of ...
In a major step to internationalize the Indian Rupee, RBI has permitted foreign branches of Indian banks to offer loans in ...
Rupee gains 40 paise to 87.68 vs USD in early trade, supported by RBI intervention, softer dollar, lower crude, and strong ...
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Special Rupee Vostro Account (SRVA): RBI’s big move to promote rupee in International Trade
Indian authorised dealer banks and their overseas branches can now extend loans in rupees to residents and banks in Bhutan, Nepal, and Sri Lanka. Understand how.
By retaining the repo rate at 5.5% and keeping the stance neutral in the latest monetary policy review, the RBI has ensured ...
The Reserve Bank of India has permitted Indian banks and their overseas branches to offer rupee-denominated loans to ...
First, banks will be allowed to finance corporate takeovers — a domain from which they were long barred. Second, Indian banks ...
The Reserve Bank of India (RBI) sold $7.7 billion worth of US dollars in August in a bid to stabilise the rupee and reduce ...
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