Indian Central Bank to Infuse Record Overnight Funds Post Heavy FX Intervention
MUMBAI (Reuters) - India's central bank will infuse a record quantum of funds into the banking system through an overnight ...
Rupee rallies most in nearly 2 years on heavy central bank intervention
The Indian rupee rallied on Tuesday on the back of strong intervention by the Reserve Bank of India, which traders said could ...
Back-to-back heavy central bank interventions lift Indian rupee past 87/USD
The Indian rupee rose sharply on Tuesday, aided by the central bank's heavy-handed intervention, which also triggered stop ...
Hosted on MSN2d
RBI Cuts Key Rates by 25 Basis Points – What It Means for Home Loan Borrowers, FD Depositors
The Reserve Bank of India (RBI) has announced a 25-basis point cut in the repo rate in its latest policy review, marking the ...
RBI Cuts Repo Rate By 25 Basis Points To 6.25%; Real Estate Sector Hails Boost For Homebuyers And Developers
The Reserve Bank of India (RBI) announced a 25 basis point cut in the repo rate, bringing it down to 6.25%, marking the first reduction in five years. The real estate sector has welcomed the move, ...
Investopedia14d
Top 10 Countries With the Biggest Forex Reserves
Sources: IMF and Central Bank of the Republic of China (Taiwan) To highlight one of the top 10 above, India held $662 billion in foreign currency reserve assets as of November 2024. Its central ...
American Banker15d
15 most recent bank failures
Pulaski Savings Bank's demise on Jan. 17 marked the first bank failure of 2025 and the 15th since 2019. Millennium Bank of Des Plaines, Illinois, assumed Pulaski Savings Bank's deposits. The only ...
Forbes16d
Best Bank Of America Credit Cards Of February 2025
Commissions do not affect our editors' opinions or evaluations. The best Bank of America credit cards have something for nearly everyone—from those rebuilding credit to students starting out to ...
The Indian Express21d
SC refers to another bench pleas of RBI, others related to writing off AT-1 bonds of Yes Bank
The Supreme Court on Wednesday referred to another bench the pleas of the Reserve Bank of India and others challenging a Bombay High Court order that quashed a decision of the Yes Bank administrator ...
Independent Online21d
Reserve Bank Governor dismisses strategic Bitcoin Reserves in favour of traditional assets
On Wednesday at the World Economic Forum meeting in Davos, Switzerland, South Africa’s Reserve Bank Governor Lesetja Kganyago dismissed the idea of the Government having strategic Bitcoin reserves.
Benzinga.com21d
Strategic Bitcoin Reserve Probability Up To 64% Despite Trump Silence On Crypto
Kalshi markets now peg the odds of Donald Trump establishing a Bitcoin reserve at 65%, up from 61.1% on Inauguration Day. Coinbase CEO says Trump is “excited” about the strategic Bitcoin ...
Mint21d
Mint Primer | The significance of RBI’s plan to take the rupee global
A non-resident Indian (NRI) in the US, for instance, can now open a rupee account with the New York branch of an India-registered AD bank. They will be able to hold rupees received for exports to ...