Reserve Bank of India
Coverage of Reserve Bank of India in the Nexus archive.
- Reserve Bank of India still favors crypto prohibition to curtail tax evasion: Reuters
The Reserve Bank of India continues to support a ban on cryptocurrencies to prevent tax evasion, according to a Reuters report.
- RBI’s Short Dollar Book Hit Record in May Before Policy Measures
The Reserve Bank of India's short dollar book reached a record level in May before policy measures were implemented. The event highlights significant activity in foreign exchange reserves management.
- India Prop Traders Brace for RBI Funding Squeeze
India's prop traders are preparing for a potential funding squeeze from the Reserve Bank of India (RBI). The Bombay Stock Exchange may sell stakes to five overseas investors, according to a report by Business Standard.
- RBI Funding Curbs Deal ‘Body Blow’ to Indian Prop Trading Firms
The Reserve Bank of India's (RBI) funding curbs have delivered a significant setback to Indian prop trading firms, as described in the article. These restrictions are impacting the operations and viability of such firms in the market.
- Goldman Backs India 30-Year Bonds as Iran War Impact Contained
Goldman Sachs supports India's 30-year bonds amid containment of the Iran war's impact. The Reserve Bank of India (RBI) is mentioned in the context of the article.
- RBI’s digital scam compensation pilot | Explained
The Reserve Bank of India (RBI) has introduced new rules allowing victims of digital scams to receive one-time compensation for fraudulent payments made under coercion or deception. The initiative aims to provide financial redress to individuals who have been tricked into transferring funds through scams.
- Demand driving growth, but economic outlook ‘somewhat clouded’ by supply issues: RBI
The Reserve Bank of India (RBI) reported that demand is driving economic growth, but the outlook is somewhat clouded by supply issues. While current inflation is within the tolerance band, the potential pass through of higher prices needs to be monitored.
- Citi Makes Bullish India Inflow Calls After RBI Move
Citi has made a bullish call on India's inflows following a move by the Reserve Bank of India (RBI). The analysis suggests increased investor confidence in India's market due to the central bank's actions.
- India, Indonesia Markets Enjoy Relief Rallies After Radical Interventions
The Reserve Bank of India has introduced measures to simplify overseas investors' purchases of government bonds and stocks, leading to market rallies in India and Indonesia following radical interventions.
- Rupee-dollar fluctuations driven by global, domestic factors: Sitharaman
Sitharaman stated that rupee-dollar fluctuations are influenced by global and domestic factors. The Reserve Bank of India intervenes to manage excessive volatility but does not aim to maintain a fixed exchange rate.
- India Inflation Accelerates to 3.93%, Stays Below RBI Target
India's inflation accelerated to 3.93%, but remained below the Reserve Bank of India's target. The article references shoppers in Mumbai at a clothing store, indicating consumer activity amid inflationary pressures.
- India's economic growth rate to weaken at 6.6% in FY27 on slower investments, consumption: BMI
Business Monitor International projects India's economic growth to weaken to 6.6% in FY27 due to slower investments and consumption. This projection aligns with the Reserve Bank of India's 6.6% growth estimate for the same fiscal year.
- Indian Banks Look to Foreign Funding to Maximize RBI’s Bazooka
Indian banks are seeking foreign funding to maximize the Reserve Bank of India's (RBI) recent measures, referred to as a 'bazooka'.
- Subtle RBI Rule Tweak Opens Door to $50 Billion Inflow to India
The Reserve Bank of India's subtle rule tweak could lead to a $50 billion inflow into India. The article references the RBI headquarters in Mumbai.
- India’s RBI Offers Discounted FX Swaps at 1.5% to Draw Inflows
India’s Reserve Bank of India (RBI) is offering discounted foreign exchange swaps at 1.5% to attract inflows. The initiative aims to stabilize currency markets by encouraging foreign capital participation.
- RBI moves Madras High Court against order to transfer Swami Satyananda’s money to Italy
The Reserve Bank of India (RBI) has approached the Madras High Court to challenge an order directing the transfer of Swami Satyananda’s funds to Italy. The court’s appellate bench, comprising Chief Justice Sushrut Arvind Dharmadhikari and Justice G. Arul Murugan, has stayed the single judge’s order pending the appeal.
- RBI Seen Joining Asia’s Rate-Hike Push as Inflation Risks Rise
The Reserve Bank of India (RBI) is expected to join other Asian central banks in raising interest rates as inflation risks rise. The RBI's headquarters are located in Mumbai.
- India Growth Beats Estimates on Strong Domestic Demand
India's economic growth exceeded estimates due to strong domestic demand. The Reserve Bank of India anticipates urban demand will rise during the festival season in the second half of the financial year, while rural demand is expected to benefit from a strong monsoon and record food grain production.
- India Rate-Hike Bets Build as Pricey Oil, Weak Rupee Stoke Inflation Risks
India's Reserve Bank of India (RBI) faces mounting expectations for a rate hike as rising oil prices and a weak rupee increase inflation risks. RBI Governor Sanjay Malhotra countered U.S. President Donald Trump's dismissal of India's economy, stating the country contributes more to global growth than the U.S.
- India Considers Spending Curbs to Protect Fiscal Deficit Target
India is considering spending curbs to meet its fiscal deficit target. The Reserve Bank of India aims to strengthen foreign-exchange buffers amid ongoing market volatility.
- Reliance Traders Said to Game Plan in Case RBI Raises Rates
Reliance Traders is reportedly preparing a contingency plan in case the Reserve Bank of India (RBI) increases interest rates. The article highlights their strategic response to potential monetary policy changes.
- India Said to Ready Tax Cut Plans to Attract Foreign Bond Buyers
India is preparing tax cut plans to attract foreign bond buyers. The Reserve Bank of India is based in Mumbai.
- RBI May Have Sold Gold to Save FX Reserves, BE Analysis Shows
The Reserve Bank of India (RBI) may have sold gold to preserve foreign exchange (FX) reserves, according to a Balance of Payments and Exchange (BE) analysis. The analysis suggests this action was taken to manage FX reserve levels.
- Bloomberg Retracts Incorrect Story on RBI Gold
Bloomberg News retracted a June 2 story due to an incorrect analysis by Bloomberg Economics, which used same-day domestic gold prices instead of the previous day’s London Bullion Market Association price. The error led to a misrepresentation of the Reserve Bank of India’s gold reserves, which remained unchanged in May.
- RBI, Rating Firms Assess Iran War Risks on Indian Companies
The Reserve Bank of India (RBI) and rating agencies are evaluating the potential impact of the Iran war on Indian companies. The article also references a U.S. Navy F/A-18E Super Hornet launching from the aircraft carrier USS Abraham Lincoln, highlighting regional geopolitical tensions.
- India Rupee Climbs on Oil Relief, Central Bank Valuation Comment
The Indian rupee rose amid relief from lower oil prices and comments from the central bank on currency valuation. Earlier, the rupee hit a record low against the dollar due to concerns over 50% US tariffs impacting India's economic growth and corporate earnings.
- India RBI to Pay Record Dividend, Misses Market Estimates
India's Reserve Bank (RBI) announced a record dividend payout to the government, though the amount fell short of market expectations. The central bank's decision reflects strong financial performance despite missing analyst estimates on the dividend size.
- Rupee Plunge Sees India Turn to 2013 Taper Tantrum Playbook
India's rupee has experienced significant depreciation, prompting the government to employ strategies similar to those used during the 2013 taper tantrum crisis. The central bank and authorities are implementing measures to stabilize the currency amid broader economic pressures.
- Indian Rupee Rises Most in Asia on Central Bank Intervention
The Indian rupee experienced its largest rise in Asia following central bank intervention to support the currency. The rupee had previously slumped to a record low against the dollar due to concerns that 50% US tariffs could harm India's economic growth and corporate earnings.
- India Mulls All Options, Including Rate Hike, as Rupee Slumps
India is considering multiple policy options including potential interest rate hikes to address the declining rupee. The currency slump has prompted monetary authorities to evaluate various intervention strategies to stabilize the exchange rate.
- India RBI to Inject $5 Billion Equivalent Cash Via Swap Auction
The Reserve Bank of India will inject $5 billion equivalent cash via a swap auction. This move is intended to boost liquidity in the financial system. The action is taken by the central bank of India.
- Emerging Stocks at Two-Week Low, Currencies Stay Under Pressure
The Indian rupee has fallen to a new record low, prompting intervention from the central bank. Emerging stocks have reached a two-week low, and currencies remain under pressure.
- India’s Treasury-Bill Yields Surge on Rate-Hike Expectation
The Reserve Bank of India held interest rates steady in its first policy decision since the Middle East crisis erupted, as it grapples with a sharply weaker rupee while trying to support economic growth. India's Treasury-Bill Yields have surged on rate-hike expectation. The RBI is trying to balance economic growth and currency stability.
- India’s RBI Lifts Bond-Trading Target for Primary Dealers by 48%
India's Reserve Bank (RBI) has increased the bond-trading target for primary dealers by 48%, signaling stronger expectations for government securities market activity. This move aims to enhance liquidity and efficiency in India's bond market through expanded participation from primary dealers.
- India Considers Reducing Taxes on Bond Investments by Foreigners
India is considering reducing taxes on bond investments made by foreigners to attract more investment. The move could potentially boost India's economy and make its bonds more attractive to foreign investors. The decision may be made by the Reserve Bank of India.
- India’s RBI Governor Sees Fuel Price Hike If Oil Stays High
India's RBI Governor predicts a fuel price hike if oil prices remain high. This warning comes as India continues to feel the effects of global oil market trends. The governor's statement highlights concerns over inflation and economic stability.
- India’s RBI Mulls Sale of Foreign Bonds by State-Owned Lenders
The Reserve Bank of India is considering allowing state-owned lenders to sell foreign bonds. This move could help Indian banks raise capital from international markets. The decision is still being discussed and no official announcement has been made.
- India Is Said to Plan New Platform for Bond Derivative Trades
India plans to launch a new platform for bond derivative trades, according to market data. The move aims to facilitate trading in the country's bond market. This development may impact India's financial sector.
- Indian Rupee at Record Low as Analysts Dust Off 2013 RBI Playbook
The Indian Rupee has reached a record low, prompting analysts to revisit the Reserve Bank of India's 2013 playbook. This comes as the rupee's value continues to decline. The RBI's past actions may influence current decisions.
- New Rules for India Shadow Banks May Put Tata Sons IPO on Radar
The Reserve Bank of India (RBI) maintained interest rates amid a weakened rupee and economic growth challenges, while new regulatory rules for shadow banks could impact Tata Sons' potential IPO. The policy decision follows the Middle East crisis, highlighting the RBI's balancing act between currency stability and economic support.