Reserve Bank of India

Renewed policy support lifts rupee from record-low brink to best week since March

2026-10-16T07:01:09.000Z
Supplying US dollars to oil companies uses up reserves, but could mean the RBI has to sell fewer dollars in the spot market to support the rupee.

India’s rupee recovery faces test from oil prices, capital outflows

2026-10-13T08:10:44.000Z
For the first time, the RBI introduced a foreign-exchange risk reserve, requiring lenders to hold with the central bank the rupee equivalent of 20% of the notional value of each derivative transaction above US$2 million. 

Biggest rupee defence in a decade draws line under 97 per US dollar

2026-10-12T08:59:16.000Z
Governor Sanjay Malhotra says that the RBI remains committed to allowing the rupee to adjust in line with India’s economic fundamentals while acting to contain excessive volatility. 

India’s central bank lifts rates for first time in nearly four years

2026-10-07T05:55:12.000Z
The RBI used a combination of dollar-rupee sell-buy swaps, spot dollar sales, bond sales and variable-rate reverse repos to drain excess liquidity.

India central bank's FX blitz drains nearly US$20 billion from surplus liquidity

2026-09-29T07:43:01.000Z
A large majority of market participants expect the Reserve Bank of India to raise interest rates, with further liquidity-draining measures on the cards. 

Indian firms ready US$3 billion of debt issues with eye on potential RBI rate hike

2026-09-28T10:37:35.000Z
The move comes after surplus cash with banks rose to a record high of around 11 trillion rupees following massive inflows under the central bank’s recent capital-raising windows.

India to drain US$10.5 billion from banks as excess cash surges

2026-09-11T13:30:24.000Z
Since the Reserve Bank of India set an inflation target of 4% with a two-percentage-points margin on either side, prices have risen by an average of 4.6% a year.
THE BOTTOM LINE

What is causing the global bond sell-off?

2026-09-09T08:27:16.000Z
The RBI’s total liquidity withdrawals have topped 8.5 trillion rupees, and these funds will come back to the system as the operations mature.

India’s central bank withdraws over six trillion rupees of bank liquidity after record spike

2026-09-07T07:50:41.000Z
The lenders used the RBI-backed incentives to make foreign-currency deposits more attractive by passing on rates as high as 7.75% to overseas Indians. 

‘Stratospheric’ US$127 billion from India’s diaspora to aid rupee

2026-09-03T06:22:01.000Z