reserve bank of india

India, rupee and Central Bank

India Central Bank to tolerate weaker rupee as inflows dry up, sources say

By Jaspreet Kalra, Swati Bhat and Nimesh Vora MUMBAI, Dec 4 (Reuters) - India's central bank will tolerate a weaker rupee as the country's external sector confronts multiple headwinds including a wider trade gap and stalling of dollar inflows into the world's fifth-largest economy,

Business Recorder · 13h

India central bank to tolerate weaker Indian rupee as inflows dry up, sources say

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Indian rupee hits fresh record low past 90 per dollar

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Rupee undervaluation could draw foreign investors back to Indian stock markets, say two brokerages

Indian rupee has been hitting fresh record lows over the past few sessions, crossing the key Rs 90-mark against the US dollar yesterday.

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Rupee slide continues: Indian currency hits new low of 90.43 against US dollar

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Rupee Slips Further, Opens At Fresh Record Low Of 90.43 Against Dollar

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India rupee falls to record low below 90, risks steeper slide without central bank help

The rupee weakened to a low of 90.13 per U.S. dollar, eclipsing its previous all-time low of 89.9475 hit on Tuesday.

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Rupee at new low: INR closes below 90 for the first time against US Dollar

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Rupee set to hold near 90 with shaky sentiment, flows overshadowing dollar dip

Soaring growth puts India’s central bank in tough spot

Sanjay Malhotra was parachuted into the governor’s seat at the Reserve Bank of India a year ago when the world’s most populous nation was grappling with weakening economic growth and inflation was above 6 per cent.

RBI approves Vikram Sahu as CEO of Bank of America in India for 3 years

The Reserve Bank of India (RBI) has approved the appointment of Vikram Sahu as the chief executive officer (CEO) of Bank of America NA in India (BANA India) for three years period. This is in addition to his current responsibilities as India Country Executive,

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RBI approves Vikram Sahu's appointment as Bank of America's India CEO — Details here

India Strong Growth Lowers RBI Rate-Cut Odds, Economists Say

India’s unexpectedly strong economic growth last quarter has reduced chances of an interest rate cut at this week’s central bank’s policy meeting despite record-low inflation.

RBI revises prudential norms for foreign bank branches, LEF and intragroup exposure rules

RBI issues new rules for prudential treatment of foreign bank exposures, amends LEF and intragroup norms, and tightens credit information reporting for banks and NBFCs.

India's Current Account Deficit Moderates to $12.3 Billion in Sept Quarter, RBI Data Shows

The current account deficit stood at $12.3 billion, or 1.3% of GDP, in the second quarter of the fiscal year 2025-26, compared with an upwardly revised deficit of $20.8 billion, or 2.2% of GDP, in the same quarter a year ago. In the preceding quarter, the current account had recorded a deficit of $2.4 billion ot 0.2% of GDP.

Traders in India Pin Hopes on RBI Bond Purchases to Drive Gains

Bond traders in India are positioning for the central bank to resume buying government debt in the coming months, a decision they say will spur gains as the current easing cycle approaches its end.

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Vikram Sahu approved as Bank of America India CEO by central bank, memo shows

MUMBAI, Dec 3 (Reuters) - India's central bank has approved the appointment of Vikram Sahu as chief executive officer of Bank of America N.A. in India, according to an internal memo reviewed by Reuters.