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Rupee, RBI
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 falls 23 paise to hit fresh record low of 85.50 against US dollar
According to analysts, the Reserve Bank's stance to hold on to its dollar payments in short-term forward contracts added to the shortage of greenback, with importers rushing to meet their month-end payment obligations.
11h
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 ...
14h
RBI approves PPI holders to make UPI payments via third-party apps
RBI allows PPI users to use UPI payments via third-party apps, enhancing interoperability and convenience for digital ...
devdiscourse
16h
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 ...
Moneylife
18h
RBI Highlights Rising Risks in Unsecured Lending and Private Credit Markets
The Reserve Bank of India (RBI) has raised concerns about the growing risks associated with unsecured lending and private ...
16h
RBI allows PPI holders to have UPI transactions through mobile app of third-party UPI apps
RBI enables UPI payments for full-KYC PPIs through third-party UPI apps, amending provisions for seamless transactions.
devdiscourse
1d
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 ...
inc42
16h
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 ...
money.rediff
16h
RBI Allows UPI Payments via Prepaid Instruments
The Reserve Bank of India (RBI) has permitted UPI transactions using prepaid payment instruments (PPIs) through third-party ...
11d
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.
Press Trust of India on MSN
3h
India’s forex reserves drop $8 bn to $644 bn over revaluation, RBI interventions on rupee volatility
The reserves have been declining for the last few weeks, and the drop has been attributed to revaluation along with forex ...
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