SBI, ICICI, IDFC, HDFC in RBI’s list for digital currency pilot
State Bank of India, ICICI Bank, IDFC First Bank and HDFC Bank are among a shortlist of at least five...
DICGC settles claims worth Rs 8,516.6 crore in FY22
Deposit Insurance and Credit Guarantee Corporation settled claims amounting to Rs 8,516.6 crore during 2021-22 of about 12.94 lakh depositors...
reliance capital: Advent drops plan to participate in Reliance Capital resolution
US-based private equity firm Advent has dropped its plan to participate in the resolution process of debt-ridden Reliance Capital Ltd...
ccil: RBI, CCIL urge Japan to drop inspection clause
The tussle between Indian financial market regulators and their peers in developed countries over ‘extra-territorial jurisdictions’ is playing out on...
european banks: EU financial regulators disqualify 6 Indian counterparties
Over the last 48 hours, all European banks in India have been thrown into a quandary and are left knocking...
Currency: Currency in circulation declines in Diwali week for the first time in 20 years, shows SBI Research
SBI Research in its latest Ecowrap report showed that currency in circulation declined during this year’s busy Diwali week for...
rupee: Countries interested in rupee settlement mechanism: RBI deputy governor
The Reserve Bank of India is receiving encouraging responses from countries to participate in rupee-based trading, deputy governor T Rabi...
bbb: India’s external debt is just about a fourth of median ‘BBB’ rates sovereigns
India still is on a strong footing when it comes to external sector metrices despite a drawdown of over $100...
RBI uses buy-sell swaps for ₹ liquidity
The Reserve Bank of India (RBI) seems to be relying on buy-sell currency swap trades to neutralise the liquidity impact...
India’s foreign exchange reserves fall by another $4.9 billion
India’s foreign exchange reserves fell by another $4.9 billion in the week to September 30 as the Reserve Bank of...