Browsing Tag
Reserve Bank of India
117 posts
RBI opens dollar window for oil companies as Indian rupee approaches Rs 97
The Reserve Bank of India is taking fresh steps to defend the rupee, including direct dollar supplies to three state-owned oil companies and tighter derivatives rules. With the currency approaching ₹97 against the dollar, the central bank is attempting to reduce pressure from energy imports without removing the underlying economic exposure.
IndusInd Bank (NSE: INDUSINDBK) Q2 loan rebound faces a margin test
IndusInd Bank's provisional Q2 numbers show an 11% rebound in advances, but a falling CASA ratio, large FCNR(B) inflows and India's October 7 rate hike make margins and asset quality the more important tests when full results arrive.
Why did the Reserve Bank of India raise interest rates for the first time in nearly four years?
RBI raises India’s repo rate to 5.5% and shifts to calibrated tightening as oil, inflation and rupee pressures reshape the policy outlook.
RBI forward-dollar liabilities hit record $200bn after $143.5bn inflow surge
RBI net forward dollar liabilities reached a record $200 billion in August after policy measures attracted $143.5 billion of foreign-currency inflows.
Indian rupee near 96 per dollar as RBI liquidity drain fuels October rate-hike speculation
The Indian rupee is trading close to ₹96 per dollar as oil prices, Federal Reserve tightening and RBI liquidity withdrawals increase pressure on bonds.
Apple Pay may finally be coming to India, and Axis Bank is first in line
Apple is preparing to introduce Apple Pay in India with Axis Bank credit cards before adding more lenders, according to people familiar with the plan. The reported launch would give Apple access to a vast but fiercely competitive payments market dominated by UPI, while offering Axis Bank a chance to deepen engagement with premium iPhone customers.
Moody’s lifts India FY27 GDP growth forecast to 7% but warns oil shock could test resilience
Moody’s Ratings has raised India’s FY27 GDP growth forecast to 7% from 6% but says oil, food inflation and fiscal pressures remain significant risks.
Why N Chandrasekaran’s Tata Sons reappointment is about far more than succession
Tata Sons has approved another five-year term for Executive Chairman N. Chandrasekaran after he previously decided to step down in 2027, extending leadership continuity across the $185 billion Tata Group while opening a significant governance dispute with controlling shareholder Tata Trusts.
Tata Sons listing battle intensifies as Chandrasekaran wins third term but Tata Trusts objects
Tata Sons has approved another five-year term for N. Chandrasekaran and moved toward complying with Reserve Bank of India requirements that could result in a public listing, while controlling shareholder Tata Trusts has challenged both the reappointment and the listing direction.
Tata shares rise as N Chandrasekaran wins another five years at Tata Sons
Tata Sons has reappointed N. Chandrasekaran for another five years, reversing his earlier decision to leave as India’s largest conglomerate confronts an RBI listing dispute, Air India losses and pressure across major businesses.