Rupee dropped to record low early on Monday, recovered due to RBI intervention
The rupee weakened to an all-time low of 87.95 a dollar in the early hours on Monday, but managed to pare most of its losses ...
Will gold reserves replace dollar? Govt answers amid Donald Trump’s warning to BRICS nations
Finance Minister Nirmala Sitharaman clarified in Lok Sabha that the Reserve Bank of India is not increasing gold reserves to ...
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RBI Assures Swift Action to Address Banking Sector Liquidity Needs
The Reserve Bank of India (RBI) has reaffirmed its commitment to actively managing liquidity in the banking sector to ensure financial stability. The central bank has introduced targeted measures, ...
Gold loan NPAs on the rise, per capita household liability also increasing
Rising stress in household finance as gold loan non-performing assets increase, government and RBI take steps to mitigate ...
Explained: RBI's rate cut and its impact on fixed deposit investors and borrowers
While the rate cut may bring some relief to borrowers in near future, fixed deposit investors are bound to get lower returns ...
RBI intervenes to stop rupee’s fall to 88 to a dollar
The RBI is likely to have sold at 87.95, bringing the rupee down to 87.64. “The NDF (non-deliverable forward) was showing ...
Airtel Payments Bank Integrates with I4C’s Real-Time API for Enhanced Security
Airtel Payments Bank has become the first payments bank in India to integrate its systems with the Indian Cybercrime Coordination Centre’s (I4C) real-time API. This integration is part of the National ...
Sensex crashes over 500 points; investors lose ₹6 lakh crore; what drove the Indian stock market down today?
The Indian stock market faced selling pressure for the fourth day on February 10, with Sensex dropping over 500 points to ...