India's central bank holds interest rates steady despite rising inflation. The focus shifts to stabilizing the rupee with a new dollar deposit scheme. This move aims to attract foreign currency and boost confidence. While offering gains to non-resident Indians, it comes at a significant cost and distorts market rates.

A falling currency and rising risk of higher inflation could prompt India's central bank to hike interest rates.

The RBI is widely expected to keep the repo rate unchanged at 5.25% in the June 5 MPC meeting despite concerns over rising fuel prices, a weaker rupee and geopolitical tensions.…

India considers measures to support the rupee, allowing the RBI to maintain current interest rates amid inflation concerns.

MUMBAI, June 5 : The Reserve Bank of India on Friday kept its policy repo rate unchanged at 5.25 per cent, opting to look past rupee weakness and assess the fallout from rising…

RBI raised its inflation projection for the year ending March 2027 by 50 basis points to 5.1%, while cutting growth forecast to 6.6% for the year, from 6.9%.

Reserve Bank of India has held repo rate at 5.25% for half the year

The Reserve Bank of India has introduced new measures to draw foreign investment. These steps aim to boost the country's finances and support the rupee. The RBI is easing rules…

The RBI's Monetary Policy Committee unanimously held the repo rate at 5.25% and maintained a neutral stance, citing amplified inflation risks. To bolster the rupee, the central…

The Reserve Bank of India is stepping in to boost dollar inflows. It will cover the full hedging cost for banks attracting foreign currency non-resident deposits. This incentive…

Reserve Bank of India expects prices to rise 5.1% for the fiscal year through March 2027

The Reserve Bank of India will let the rupee's value be set by the market. It will only step in if trading becomes too unstable. Simultaneously, the RBI is introducing new plans…

India has unveiled significant measures to attract foreign investment, including tax exemptions on government securities and increased investment limits for overseas investors in…

The Reserve Bank of India has maintained its neutral policy stance and kept interest rates steady. The central bank has adjusted its forecasts for economic growth and inflation.…

Despite holding the repo rate steady, the Reserve Bank of India's significantly upgraded inflation forecasts signal a strong likelihood of rate hikes from August. Anubhuti Sahay…

Experts anticipate one to two rate hikes in the coming months following the RBI's increased inflation forecast, despite keeping the policy rate unchanged. The central bank also…

The RBI unveiled five measures to attract foreign capital, including expanding the Fully Accessible Route (FAR) by adding new 15-, 30-, and 40-year government securities.

Looking to preserve its foreign exchange reserves and defend the rupee, the government and the Reserve Bank of India on Friday announced several steps aimed at attracting foreign…

India's government and central bank have launched new measures to attract foreign investment. These steps aim to boost the rupee and bring in significant capital for bonds and…

The Centre and RBI launch measures to attract foreign capital, aiming to bridge India's $40-50 billion balance of payments gap.

The rupee got a booster shot on Friday, with the Reserve Bank of India (RBI) announcing crucial measures to attract foreign capital via foreign currency non-resident (bank)…