reserve bank of india rbi

RBI, swap and India

India's RBI announces mega $10 billion FX swap to infuse rupee liquidity

The Reserve Bank of India will conduct a massive $10 billion three-year dollar/rupee swap auction next week to infuse durable rupee liquidity into the banking system, which has been reeling under large cash deficits,

Mint · 16h

RBI to conduct $10 billion forex currency exchange to infuse liquidity in India’s banking system

India’s central bank, the Reserve Bank of India (RBI), on Friday, February 21, announced that they have decided to conduct a $10 billion USD/INR Buy/Sell auction for the tenure of three years.

The Times of India on MSN · 19h

RBI plans $10 billion dollar-Re swap to improve liquidity

MUMBAI: In a move aimed at improving liquidity in the banking system, the RBI has said that it will conduct a USD/INR buy/sell swap auction on Feb 28 to inject Rs 86,000 crore into the banking system.

Former RBI governor Shaktikanta Das appointed

Hosted on MSN · 2h

Former RBI Governor Shaktikanta Das appointed Principal Secretary II to Prime Minister

Former Reserve Bank of India (RBI) Governor Shaktikanta Das has been appointed as Principal Secretary II to Prime Minister Narendra Modi as per an official notification issued by the secretariat of the Appointments Committee.

moneycontrol.com · 4h

From RBI to the PMO: Shaktikanta Das' journey in India's governance

RBI governor, Shaktikanta Das, as the Principal Secretary to PM Modi today. His tenure will be co-terminus with that of the Prime Minister or until further orders

RepublicWorld · 1h

From Turbulence To Stability: Shaktikanta Das Navigated India’s Economy Through Covid-19 As RBI Governor

Shaktikanta Das' tenure as RBI Governor was marked by his commitment to maintaining financial stability, economic growth and implementing innovative policies.

India's central bank weighs some relief for New India Co-op Bank depositors, sources say

The Reserve Bank of India is working on a plan to allow depositors of troubled New India Co-operative Bank to make special ...

10h

Is bank open today? Key things to know about rbi bank holiday rules

With the weekend upon us, many people are confused about whether banks in their city are open or closed today, Saturday, ...

devdiscourse1d

RBI Proposes End to Penalties on Floating Rate Loan Pre-Payments

The Reserve Bank of India (RBI) has proposed eliminating foreclosure and pre-payment penalties on floating rate loans for individuals and micro, small enterprises. The draft aims to promote ...

New India Co-operative Bank update: Will RBI give some relief to depositors?

The Reserve Bank of India (RBI) on Friday superseded the cooperative lender's board for a year and appointed an administrator ...

12hon MSN

New India Co-operative Bank: How a former GM was involved in ₹122-crore fraud — Explained

A former general manager of New India Co-operative Bank, Hitesh Pravinchand Mehta, was allegedly found involved in siphoning ...

The Financial Express18h

Norms cover biz loans of individuals, MSMEs: RBI proposes zero foreclosure fee

The RBI's draft guidelines propose removing prepayment penalties on floating-rate loans for retail and MSME borrowers, ...

S&P upgrades Kotak Mahindra Bank to ‘BBB’ after RBI lifts curbs

S&P Global upgrades Kotak Mahindra Bank's credit rating to 'BBB' after RBI lifts operational curbs, positioning bank for growth.

Co-existence of deficit liquidity, heavy funds deployed in SDF show skewed distribution of liquidity: RBI Bulletin

System liquidity has turned into deficit since mid-December 2024 due to build-up in government cash balances driven by the ...

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