The RBI may have spent $220 billion from its reserves to defend the rupee over the past two years, according to former chief ...

The Reserve Bank of India is starting to relent on its tight control of the rupee, acknowledging the ‘Impossible Trinity’ of ...

India’s central bank must avoid excessive intervention in the foreign exchange market and allow companies to adjust to ...

Prior to his first monetary policy meeting in February, Reserve Bank of India Governor Sanjay Malhotra, who assumed office in ...

The Indian rupee edged higher on Tuesday, unable to benefit much from the Reserve Bank of India's strong intervention to ...

In a first, the Reserve Bank of India (RBI) has announced that it will conduct daily variable rate repo (VRR) auctions on all ...

The central bank has initiated liquidity infusion measures, including daily variable rate repo (VRR) operations and ...

The key monetary policy department under Michael Debabrata Patra has gone to senior most Deputy Governor M Rajeshwar Rao, the ...

The new deputy governor will replace Patra, who was one of the three central bankers on the six-member monetary policy ...

The RBI must come out with an official explanation, but until it does, we can only guess. But there are a few reasonable hypotheses ...

CBI/RBI schemes, once intended and designed to facilitate the diversification of less privileged countries' economies, are ...

A former Reserve Bank of India official said the authority should ease its tight grip on the rupee, a view that comes amid ...