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July 3, 2026, 05:58 PM - 2 min read
India's foreign exchange reserves declined by USD 5.654 billion to USD 666.933 billion in the week ended June 26, according to data released by the Reserve Bank of India (RBI) on Friday. In the previous reporting week, the country's forex reserves had increased by USD 963 million to reach USD 672.587 billion.
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July 1, 2026, 06:38 PM - 3 min read
Shankar assumes the senior leadership position after serving in a key role within the RBI, bringing with him more than three decades of experience across multiple functional areas of the institution.
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June 24, 2026, 06:11 PM - 5 min read
The Reserve Bank of India Governor Sanjay Malhotra has indicated that it is too early to discuss the possibility of an interest rate hike, stressing that the central bank remains vigilant about developments in West Asia while continuing to rely on incoming economic data to guide policy decisions.
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June 19, 2026, 04:08 PM - 3 min read
Against the notified amount of Rs 1 lakh crore, the RBI received bids worth only Rs 16,750 crore from participating banks. The central bank accepted the entire bid amount at a cut-off rate and weighted average rate of 5.26 per cent.
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June 13, 2026, 05:18 PM - 3 min read
RBI plans simpler cross-border payment approvals under Payments Vision 2028 to ease trade for MSMEs and exporters, says an EY report.
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June 7, 2026, 05:12 PM - 3 min read
State-owned Life Insurance Corporation of India (LIC) is in discussions with key financial regulators, including the Reserve Bank of India and SEBI, to enhance the availability of long-term investment instruments, as inflows into its annuity products continue to rise, according to CEO and MD R. Doraiswamy.
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June 5, 2026, 11:32 AM - 3 min read
Announcing the second bi-monthly monetary policy for the current fiscal, RBI Governor Sanjay Malhotra said the Monetary Policy Committee (MPC) has unanimously decided to retain the short-term lending rate or repo rate at 5.25 per cent with a neutral stance.
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June 3, 2026, 06:19 PM - 4 min read
The clarification came in response to media reports claiming that the central bank may have liquidated gold worth nearly USD 12 billion to protect India's foreign exchange reserves amid the economic impact of the ongoing conflict in West Asia.
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June 2, 2026, 04:38 PM - 4 min read
The Reserve Bank of India (RBI) is expected to keep the benchmark repo rate unchanged in its June monetary policy review, according to a survey of economists and treasury experts.
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May 31, 2026, 07:13 PM - 6 min read
With crude oil prices climbing, supply chain disruptions persisting, and the rupee remaining under pressure due to global developments, several analysts believe the central bank may revise its inflation projections upward while trimming its GDP growth forecast during the bi-monthly policy meeting scheduled from June 3 to 5.
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May 29, 2026, 05:38 PM - 3 min read
RBI is considering introducing polymer banknotes in India amid rising currency demand and higher printing and disposal costs.
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May 28, 2026, 06:14 PM - 4 min read
In remarks made ahead of the Monetary Policy Committee’s second meeting for FY27, Subbarao said monetary policy should be used only as a “last resort” when defending the exchange rate.
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