Reserve Bank of India
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financeIndia's Central Bank Burns $9.8B in March as Rupee Plunges
The RBI sold a record $9.76 billion in March as the rupee fell 4%, its steepest monthly drop since 2019, driven by soaring energy costs and the US-Iran conflict.
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financeRBI Sells $9.8B as Rupee Plunges 4% in March, Sharpest Drop Since 2019
The Reserve Bank of India intervenes aggressively as the rupee suffers its steepest monthly decline in seven years, driven by the Iran conflict and surging crude prices.
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financeRBI Revives Pre-Market Intervention to Stem Rupee's Slide
The Reserve Bank of India is actively selling dollars before official trading hours and capping bank positions to stabilize the rupee near record lows of 95-96 per USD.
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financePaytm Forecasts Accelerated Revenue Growth in FY 2027
Indian fintech firm Paytm expects revenue growth to outpace FY 2026's 22%, driven by merchant expansion and financial services.
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financeMobiKwik Secures NBFC License from India's Central Bank
India's MobiKwik Group has received approval from the Reserve Bank of India for a non-banking financial company license, enabling expanded financial services.
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financeIndia Holds Rates Amid Geopolitical Turmoil
India's central bank maintains its repo rate at 5.25%, citing global conflict uncertainty and its impact on inflation expectations.
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financeIndia's Central Bank Eyes Payment Delays to Combat Fraud
India's Reserve Bank is considering a delay for certain digital payments exceeding 10,000 rupees to combat rising fraud. Proposals include enhanced authentication and customer controls.
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financeMiddle East Conflict Forces Asian Central Banks to Reassess Policy
Escalating Middle East tensions create a difficult trade-off for Asian central banks balancing growth and inflation amidst supply shocks.