Jan 27 (Reuters) – The RBI (Reserve Bank of India) said on Monday it has superseded the board of Aviom India Housing Finance due to governance concerns and payment defaults and plans to start bankruptcy proceedings against the company. The RBI has
MUMBAI, Jan 17 (Reuters) – India’s economic growth is poised to rebound as domestic demand regains strength, but “stickiness” in food inflation warrants careful monitoring, the RBI (Reserve Bank of India) said in its monthly bulletin released on Friday. In India, there
MUMBAI, Jan 16 (Reuters) – The RBI (Reserve Bank of India) was likely selling dollars via state-run banks to support the rupee on Thursday, as the currency declined on the back of dollar bids from importers and foreign banks, three traders told
MUMBAI, Jan 13 (Reuters) – The RBI (Indian central) was likely selling dollars to support the rupee on Monday, after the currency slumped to its all-time low as the dollar surged on expectations that the Federal Reserve will not cut rates by