The move is aimed at attracting more foreign capital at a time when the Indian rupee has come under pressure as foreign investors have been pulling money out of the Indian stock
The global economy, despite its uneven growth, remains resilient, with headline inflation softening in many countries….reports Asian Lite News India cannot risk another bout of inflation and the best approach would be
In his speech now posted on the RBI website, Patra said: “Historically, India’s investment has been financed by domestic savings, with households being the prime provider of resources to the rest of
A currency swap between two countries is an agreement or contract to exchange currencies with predetermined terms and conditions….reports Asian Lite News The Reserve Bank of India (RBI), with the approval of
The Central Bank has kept interest rates unchanged, balancing economic growth and inflation control….reports Asian Lite News Industry experts on Friday hailed the status quo stance of the monetary policy, expecting the
Like many other central banks, the Bank of England has served as a repository, and India is no exception, with a portion of its gold reserves stored in London from pre-Independence days…reports
RBI Governor said that efforts were being made to leverage technology to achieve greater efficiency while also meeting the objectives of market reforms…reports Asian Lite News RBI Governor Shaktikanta Das on Monday
Highlighting the global challenge of balancing inflation control with growth, the PM urged the RBI to pioneer a model addressing this, potentially setting a global trend…reports Asian Lite News Over the next
The RBI may be mulling a revamp of the existing penalty structures, which may include increase in penalty amounts…reports Asian Lite News Compliance is taking the centre stage with 4x increase in
RBI said this action is based on the deficiencies in regulatory compliance of the two banks…reports Asian Lite News The Reserve Bank of India (RBI) announced on Monday that it has imposed