RBI moots $1 billion cap, wider eligibility, easing fund usage
The new draft proposals, issued late Friday night, mark a decisive shift from rigid ceilings toward a more…
One of the world’s most liquid market just got hotter
By allowing them to finance M&A, a bigger portion of the IPOs, and to sell structured finance products,…
India central bank announces raft of changes for bank lending, capital
MUMBAI (Reuters) -The Indian central bank on Wednesday said it would allow banks to lend for acquisitions while…
Urjit Patel’s IMF Appointment: A Redemption Story for India’s Global Role
The IMF’s role is most eminently suited for economist-administrators. It works with countries in their economic crises—fiscal, monetary,…
India’s forex reserves rise $3.5 billion: RBI reports higher gold holdings; IMF reserve position also improves
India’s forex reserve surges India’s foreign exchange reserves rose by $3.51 billion, reaching $694.23 billion for the week…
Former Indian central bank governor Urjit Patel appointed IMF executive director
(Reuters) -Former Reserve Bank of India Governor Urjit Patel has been appointed as executive director at the International…
New IMF executive director: Urjit Patel appointed for three years; succeeds Dr Krishnamurthy Subramanian
Dr Urjit Patel, the former Reserve Bank of India governor, has been appointed Executive Director (ED) representing India…
Japan’s SMBC gets Indian central bank approval to buy up to 24.99% of Yes Bank
MUMBAI (Reuters) -Japan’s Sumitomo Mitsui Banking Corporation has received Indian central bank approval to buy up to 24.99%…
The ‘Turnberry system’ – what the US’ new global economic order looks like | Business News
Last week, Reserve Bank of India (RBI) Governor Sanjay Malhotra touted India’s “bright prospects in the changing world…
India’s central bank holds rates amid US tariff battle
India’s central bank maintained its key interest rate at 5.50 percent, as US President Donald Trump ramped up…
Rupee ends in the green on likely central bank support
The Indian rupee strengthened marginally to 87.53 a dollar Friday on likely intervention from the Reserve Bank of…
RBI Governor Sanjay Malhotra: US Fed chair doing good job, central bank independence important | Business News
AMID THE ongoing feud between US President Donald Trump and Federal Reserve Chairman Jerome Powell, Reserve Bank of…