Reserve Bank of India
India explores steps to mobilise US dollar inflows as rupee slides, sources say
The currency is down by 5.5% in 2026, sliding to an all-time low of 95.33 per US dollar on Apr 30
India’s rupee drops to record low as crude surge deepens worries
Falling to 95.3337 per US dollar, the currency breaches its previous low of 95.125 in late March
India’s central bank cancels Paytm Payments Bank licence
The licence cancellation puts the spotlight on the dwindling significance of payment banks in the banking system
India rate panel stood pat to avoid erring on Iran war uncertainty, minutes show
The RBI’s inflation target stands at 4%, with a tolerance band of 2% to 6%
India forex regulator criticises banks’ rupee arbitrage trades
The regulator rebuke banks for transferring arbitrage trades from their books to corporate clients
India’s central bank holds rates as Iran war upends economic outlook
[MUMBAI] The Reserve Bank of India kept its key policy rate unchanged on Wednesday (Apr 8) as it awaits clearer evidence of the impact from the Iran war on the South Asian nation’s economy.
India FX cap softens pressure on rupee even as offshore influence lingers: Axis Bank director
The RBI has ‘effectively broken’ the direct link between the onshore and offshore markets, says Neeraj Gambhir
Indian bank stocks’ US$95 billion rout may deepen on macro risks
At stake is the outlook for the country’s US$4.5 trillion stock market, given banks account for nearly a third of the benchmark index
India’s boldest currency move in years brings brief rupee relief
RBI flexibility falls as FX reserves drop in March to defend the rupee following the Iran conflict
India’s economy strong enough to face external shocks, RBI says
The capacity and resilience of the Indian economy to absorb external shocks have strengthened over time
