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RBI Plans Bond Sales to Manage Liquidity as Government Spending Increases

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The Reserve Bank of India (RBI) is gearing up to conduct open market sales of bonds, but the timing and quantity will be closely...

Indian State-Owned Banks Contemplate Reduced Bond Purchases Amid Tightening Liquidity

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Indian state-owned banks are poised to reduce their purchases of government bonds as concerns mount over tightening liquidity in the country's banking system. This...

RBI Introduces ‘Udgam’: Centralized Portal to Reunite Unclaimed Deposits with Account...

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The Reserve Bank of India (RBI), in a move aimed at enhancing financial transparency and customer service, has launched 'Udgam,' a pioneering centralized web...

Reserve Bank of India Maintains Key Interest Rate Amidst Expected Decision

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India's central bank, the Reserve Bank of India (RBI), has decided to keep its key interest rate unchanged, aligning with market expectations. The decision...

HDFC Bank’s $40 BLN deal may face regulatory hurdle

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India's largest private lender HDFC Bank's $40 billion acquisition of its biggest shareholder could face regulatory hurdles due to the stake it would give the...