Tag: Indian central bank

Indian cenbank asks lenders to cut speculative bets against rupee, sources say
Posted in Economy

Indian cenbank asks lenders to cut speculative bets against rupee, sources say

The Indian central bank, in a rare move, instructed some banks to cut their long positions on the dollar-rupee pair on Friday, seeking to reduce…

Continue Reading
India central bank asks banks to push direct rupee-dirham settlement, sources say
Posted in Business

India central bank asks banks to push direct rupee-dirham settlement, sources say

By Nimesh Vora and Jaspreet Kalra India central bank asks banks to push direct rupee-dirham settlement, sources say MUMBAI, – The Indian central bank has…

Continue Reading
RBI MPC: Inflation target evades RBI's rate panel as rejig looms
Posted in Economy

RBI MPC: Inflation target evades RBI’s rate panel as rejig looms

The Indian central bank‘s (Reserve Bank of India) rate setting panel faces another food-driven spike in inflation as it meets a final time ahead of…

Continue Reading
Representational image.
Posted in Business

Steady as it goes: RBI presses pause on repo rate hike, keeps it at 6.5%

The Reserve Bank of India on Thursday opted for a pause second time in a row, maintaining key benchmark policy rate at 6.5 per cent…

Continue Reading