The Reserve Bank of India on Tuesday lifted the regulatory curbs from Central Bank of India, the only public sector lender under the restrictive prompt corrective action framework.
"The… Read More...
Mumbai: India's key policy rate might climb to at least 6.5% in the current tightening cycle, a derivatives market gauge showed, pointing to further inflation in the cost of funds for… Read More...
The government has amended the Foreign Trade Policy to allow international trade invoicing, payment and settlement in the Indian rupee, activating the mechanism announced by the Reserve… Read More...
Non-Resident Indians can now use Bharat Bill Payment System to pay utility bills and education fees on behalf of their family members in India, according to a Reserve Bank of India… Read More...
The rupee on Tuesday rose to a six-week high against the US dollar, mimicking the recent equities rally that has led the Nifty past 18,000 and within touching distance of its all-time… Read More...