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RBI

India’s Dollar Inflows Surge

The early closure of the FCNR(B) window reflects what the RBI has described as an encouraging response. Banks have actively sought to attract overseas deposits, with some offering more competitive interest rates
August 25, 2026

RBI Holds Rates, Boosts Outlook

One of the most significant announcements was the upward revision of India’s GDP growth forecast for FY 2025–26—from 6.5% to 6.8% In a move reflecting cautious optimism, the Reserve Bank of India
October 2, 2025

RBI’s New SAARC Swap Plan

A currency swap between two countries is an agreement or contract to exchange currencies with predetermined terms and conditions….reports Asian Lite News The Reserve Bank of India (RBI), with the approval of
June 28, 2024

RBI transfers 100 tonnes of gold from UK

Like many other central banks, the Bank of England has served as a repository, and India is no exception, with a portion of its gold reserves stored in London from pre-Independence days…reports
June 3, 2024
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