MUMBAI, Oct 19 (Reuters) – The RBI (Reserve Bank of India) is likely selling U.S. dollars again to defend the rupee and keep it from sliding to a record low, three traders told Reuters on Thursday. The rupee was at 83.2650 against
MUMBAI, Oct 13 (Reuters) – India’s foreign exchange reserves declined for a fifth straight week and stood at $584.74 billion as of Oct. 6, the lowest in more than five months, data from the Reserve Bank of India (RBI) showed on Friday.
BENGALURU, Oct 11 (Reuters) – Shares of Bank of Baroda fell nearly 4% on Wednesday, a day after the Reserve Bank of India stopped the state-run lender from adding customers to its mobile app citing “certain material supervisory concerns.” Shares of the
MUMBAI, Oct 6 (Reuters) – The RBI (Reserve Bank of India’s) key lending rate was held steady at a fourth consecutive policy meeting on Friday, as widely expected, with investors more focused on the regulator’s liquidity management plan amid a resurgence in