Tag: Karur Vysya Bank
$100 bn in sight: India is rolling in dollars but what about the rupee?
Two months after the Reserve Bank of India (RBI) unveiled a package of measures to attract foreign currency, the numbers are beginning to look extraordinary….
RBI special windows seen big enough to bring in $100B
Mumbai: India’s latest suite of dedicated forex-inflow programmes could net about $100 billion, nearly three times the proceeds from the last such exercise during the…
RBI temporarily withdraws rate caps on FCNR(B), NRE deposits till Sept 30
KOLKATA: The Reserve Bank of India on Wednesday temporarily removed the interest rate ceiling on non-resident deposits allowing banks to go all-out in overseas fund…
RBI Governor Sanjay Malhotra allays fears over govt borrowing in FY27, asks to focus on net number
Mumbai, RBI Governor Sanjay Malhotra on Friday sought to allay fears over the government’s gross borrowing target for FY27, asking all to look at the…
RBI to infuse Rs 2.90 lakh crore liquidity via bond buys, USD swap
The Reserve Bank of India (RBI) said Tuesday it would inject Rs 2.90 lakh crore of durable liquidity into the banking system through bond purchases…
India borrowing costs to spike as market stares at $90 bn supply in Q4
Borrowing costs for India’s central and state governments may climb in the coming quarter as market participants brace for heavy supply amid waning prospects for…
RBI’s liquidity boost falters amid FX market intervention, analysts say
The Reserve Bank of India‘s liquidity infusion via a phased cash reserve ratio cut had less impact than expected as dollar sales and maturing FX…