Reserve Bank of India

India central bank allows lenders to fund up to 75% in M&A deals

Financing can only take place when a firm ‘already holds control’ over the target company, says RBA

The RBI's US$10 billion US dollar/rupee buy-sell swap has coincided with the jump in reserves by about US$36 billion in just three weeks until Jan 30.

India’s forex reserves rise to record high of US$723.8 billion

They are up by about US$14 billion, from the week ending in Jan 23

The economy is expected to grow 7.4% in the current financial year and the government’s economic adviser has forecast growth at 6.8% to 7.2% next year.

India’s central bank keeps rates on hold after US trade deal

The central bank has now cut rates by a total of 125 basis points since February 2025

India’s bond markets have been battered by hefty government borrowings, at a time when the RBI's rate-cutting cycle is nearing its end.

India to ensure its record borrowing plan does not disturb markets

Uncertainty around the US-India trade deal has ended, economic affairs secretary adds

The data released by the Reserve Bank of India on Friday (Jan 30) showed that India's foreign exchange reserves rose by about US$8.1 billion to US$709.4 billion in the week ended Jan 23.

Record reserves boost India central bank’s firepower to shield rupee

The currency is the worst performer in emerging markets in 2026, and is weighed down by outflows from equities and others

Investors demanding higher returns on central government securities makes it harder for the RBI to reduce borrowing costs despite recent interest-rate cuts.

Rising state borrowings complicate Indian central bank’s rate playbook

They are increasingly rivalling sovereign borrowing, significantly boosting bond supply for a shared pool of investors

The RBI has publicly expressed interest in linking India’s digital rupee with other nations’ CBDCs to expedite cross-border transactions and bolster its currency’s global usage.

India’s central bank proposes linking Brics’ digital currencies: sources

US President Donald Trump has previously said the bloc alliance is “anti-American” and he threatened to impose tariffs on its members

The central bank accepted 42 bids at the FX swap auction, with the premium cut-off set at 7.28 rupees.

Indian central bank’s US$10 billion FX swap subscribed three times over

The swap is part of its measures to inject US$32 billion of rupee liquidity into the banking system

The RBI cut the benchmark interest rate to a three-year low in December, and signalled it may ease borrowing costs further.

India’s inflation stays low, leaves room for interest rate cut

It will be a very ‘close call’ as the government is set to revamp its inflation and GDP data by end-February, says economist Upasna Bhardwaj

The rupee recovered to 89.8550 per US dollar from 89.9775 on back of the intervention.

India’s central bank intervenes again to support rupee, traders say

[MUMBAI] The Indian central bank was seen back in the foreign exchange market on Thursday, selling dollars through state-run banks to reinforce support for the rupee, traders said.