rbi

RBI move sparks race among banks to raise FCNR(B) deposit rates; smaller lenders offer over 7% on USD deposits

Mumbai (Maharashtra) [India], June 12 (ANI): Competition among banks to attract foreign currency deposits from Non-Resident Indians (NRIs) has intensified…

June 12, 2026
RBI cancels licences of over 130 NBFCs, majority from West Bengal

RBI cancels licences of over 130 NBFCs, majority from West Bengal

Mumbai (Maharashtra) [India], June 10 (ANI): The Reserve Bank of India (RBI) has cancelled the Certificates of Registration (CoR) of…

June 11, 2026

RBI permits banks to lend only to SEBI-Registered REITs & InvITs; 80% cash-generating assets mandatory

New Delhi, [India] June 10 (ANI): The Reserve Bank of India has mandated that all loans to REITs and InvITs…

June 10, 2026

No plans to replace paper currency with plastic notes from June 30, clarifies PIB

New Delhi [India], June 10 (ANI): The Government of India, late on Tuesday, dismissed social media reports claiming that the…

June 10, 2026

RBI opens early redemption window for SGB 2019-20 Series VII

New Delhi [India], June 9 (ANI): The Reserve Bank of India (RBI) has announced the premature redemption price for Sovereign…

June 9, 2026

RBI launches twin USD-INR forex swap facilities to attract foreign currency inflows and support external financing

New Delhi, [India] June 8 (ANI): The Reserve Bank of India (RBI) announced two special US Dollar-Rupee forex swap facilities,…

June 8, 2026

Centrum sees RBI extending rate pause till October despite inflation risks

Mumbai (Maharashtra) [India], June 7 (ANI): The Reserve Bank of India (RBI) is unlikely to raise interest rates in its…

June 7, 2026

Government's tax relief for FIIs to boost investor sentiment, support rupee: BofA's Rahul Bajoria

New Delhi [India], June 5 (ANI): The Centre's decision to exempt foreign institutional investors (FIIs) from interest tax on investments…

June 5, 2026

RBI vigilant on rupee volatility, welcomes tax relief for foreign investors in G-Secs

New Delhi [India], June 5 (ANI): Reserve Bank of India (RBI) Governor Sanjay Malhotra on Friday said the central bank…

June 5, 2026

RBI again keeps repo rate unchanged at 5.25%, retains neutral stance amid West Asia crisis

Mumbai (Maharashtra) [India], June 5 (ANI): The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) on Friday unanimously decided…

June 5, 2026