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Indian central bank goes on Gold buying spree
The Forex Market· 6 days agoThe Reserve Bank of India has followed the lead of China and other Eastern central banks and ramped up its accumulation of gold. According ...
Indian cenbank's FX strategy leans on NDF intervention to safeguard reserves, say sources
Reuters· 6 days agoThe Reserve Bank of India is relying more on interventions in the non-deliverable forwards (NDF)...
A Big Modi Victory Seen Fueling Indian Rupee’s Nascent Rally
Bloomberg via Yahoo Finance· 20 hours ago(Bloomberg) -- A nascent rally in the Indian rupee has room to run on expectations that Prime...
Some Indian asset recast firms circumventing rules, says RBI deputy
Reuters via Yahoo Finance· 18 hours agoSome Indian asset reconstruction companies (ARCs) have been circumventing regulations and have...
India cenbank acts against two Edelweiss Group companies for 'evergreening' loans
Reuters· 12 hours agoEvergreening refers to a practice where new loans are given to stressed borrowers to enable them to...
RBI fines HSBC Ltd for violating norms
Investing.com· 21 hours agoRBI fines HSBC Ltd for violating norms
India’s Tata Power looking to raise $1bn loan for clean energy projects
Power Technology via Yahoo Finance· 3 days agoThis move could result in the largest local currency loan in India for the current year. The company...
RBI curbs business of 2 Edelweiss Group firms over breach of rules
Investing.com· 21 hours agoRBI curbs business of 2 Edelweiss Group firms over breach of rules
Rupee closes mildly weaker, forward premiums slip
Reuters· 3 days agoThe Indian rupee closed slightly down on Monday, unable to build on recent gains as local dollar demand pressured the currency even as most of its Asian...
Industry hails RBI's 3 new initiatives to bolster fintech sector
Investing.com· 21 hours agoIndustry hails RBI's 3 new initiatives to bolster fintech sector