The Reserve Bank of India's $5 billion 6-month dollar/rupee buy-sell swap auction was oversubscribed five-fold on Friday, ...

India’s central bank injected $5.10 billion through a foreign-exchange swap auction, using the tool for the first time in ...

After a punishing few months, India's benchmark NSE Nifty 50 index is poised for a relief rally in February, based on the ...

India's central bank on Thursday said it has filed an application with a company tribunal to initiate bankruptcy proceedings ...

Runa, the leading global fintech infrastructure for the next generation of payouts experiences, today announced its expansion ...

DeepSeek-R1, developed by a Chinese AI lab, is potentially highly competitive and shockingly cost-effective, and could be a ...

The auction was seen as a good opportunity to sell old 10-year bonds and 14-year bonds, which were part of banks’ held to maturity (HTM) book at a profit, said traders.

The repo rate is the interest rate at which the RBI lends money to commercial banks when they need funds. When the repo rate ...

The central bank is trying to address a market problem in which it too has played a significant role. The episode’s lesson is ...

India's economic growth has slowed, with GDP dropping to 5.4%. Economists stress the need for urgent policy changes, ...

Liquidity has been a concern as banks have been grappling for stable deposits for months. This is reflected in an increase in ...