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Rupee, RBI and dollar
Rupee hits record low on strong NDF dollar bids; RBI likely steps in
The Indian rupee weakened to an all-time low on Friday, hurt by persistently strong dollar demand in the non-deliverable forwards (NDF) market, while likely intervention by the Reserve Bank of India (RBI) capped the currency's losses.
Rupee hits new low as RBI’s forward strategy stir markets
Indian Rupee hits record low at 85.81 per dollar, driven by RBI actions, market activity, and speculation, experts say.
Rupee hits record low against US Dollar, weakens past 85.50 mark
With the fall, the INR has broken below the psychologically key level of 85.50 for the first time, weakening for a ninth day in a row.
Your Story
13h
A year of reckoning for Indian fintech startups as RBI tightens the rules
The Reserve Bank of India spearheaded significant regulatory actions in 2024, addressing fraud, compliance lapses, and ...
9h
RBI Announces New Rules, Wallet Users & PPIs Can Now Use UPI Through 3rd Party Apps; Details Here
The Reserve Bank of India (RBI) has announced a policy change. Effective December 27, the new regulation enables holders of ...
8h
8-fold surge in bank fraud cases at Rs 21,367 crore in 1st half this fiscal: RBI
The report further stated that private sector banks reported 67.1 per cent of all fraud cases, while public sector banks ...
devdiscourse
2d
RBI's Alarming Spike in Banking Frauds: A Wake-up Call for the Financial Sector
Recent RBI data highlights a concerning surge in bank frauds in India, with cases spiking significantly in the current fiscal ...
Global Finance
2d
Sanjay Malhotra Takes Charge As RBI Governor
The Reserve Bank of India (RBI) has had 25 governors to date. Notably, 14 of these governors were civil servants. In recent ...
13h
Rupee skids sharply before RBI applies the brakes
On Friday, the rupee experienced its steepest decline to date, reaching an all-time low of 85.53 against the US dollar, ...
devdiscourse
1d
RBI Greenlights UPI Payments via Prepaid Wallets
The Reserve Bank of India has authorized the use of prepaid payment instruments (PPIs) for UPI transactions on third-party ...
4h
on MSN
Climate change risks impacting financial system, Calls for India-specific data: RBI
Reserve Bank of India Deputy Governor M. Rajeshwar Rao emphasized the urgent need for India-specific climate data and robust ...
The Week
10h
India forex reserves plummet to 7-month low as rupee keeps falling: RBI data
Here is how much India’s forex reserves have fallen to, according to the latest RBI data, as they seem to mirror the sliding ...
inc42
1d
RBI Allows PPIs To Use UPI Via Third-Party Apps
RBI has announced that Prepaid Payment Instruments (PPIs) with full KYC will now be able to make UPI payments through ...
12d
on MSN
Season for Sharing: Indy RBI seeks to level the baseball diamond
The nonprofit youth baseball and softball league, which aims to create "major league citizens," served 1,875 kids last year.
1d
RBI Announces ‘FREE-AI’ Committee To Ensure Ethical AI In Finance
The Reserve Bank of India (RBI) has announced the creation of an eight-member committee to develop a framework for the ...
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