Vostro accounts are essential for correspondent banking and are usually held by a lender on behalf of their foreign counterpart. Source link
RBI staff sees a 20 basis points drop in growth at 6.1% when the data is released on November 30 Source link
In July, the RBI had sold a record $38.77 billion in gross terms as the Indian rupee breached the 80-per-dollar mark for the first time on July 19 Source link
Das defended the Indian central bank#39;s interventions in the foreign exchange market, adding that the RBI#39;s reserves were "very comfortable" Source link
Image Source : PTI/ REPRESENTATIONAL (FILE). Inflation print for October month likely to be lower than 7 per cent: RBI Governor Shaktikanta Das. HighlightsRBI Guv Das expressed hope that inflation…
The Bank of England is of the view that further sharp increases in policy rates could do more damage than good. The RBI’s MPC will do well to bear this…
The Indian central bank may look at various domestic and global factors before deciding on a rate hike, founders and managing directors of some companies say Source link
But the Indian central bank may also look at various domestic and global factors before deciding on a rate hike, founders and managing directors of some companies added Source link
Image Source : PTI RBI Governor Shaktikanta Das RBI E-Rupee CBDC: The RBI will follow up on the wholesale e-rupee pilot with a similar trial on the retail side this…
Image Source : PTI Reserve Bank of India The Reserve Bank on Monday said it has imposed penalties on various financial entities, including Rs 1.76 crore on Vakrangee, for violating…