 "The RBI’s strategic .93 billion intervention stabilizes the depreciating rupee amidst fierce market volatility and global pressures.")
The Reserve Bank of India (RBI) has reported a significant activity in the foreign exchange Market, revealing it bought a net total of $6.93 billion in July. During this month, the RBI purchased $23.57 billion and sold $16.64 billion, marking a contrast to June when it sold a net amount of $2.11 billion. In July, ...
 "RBI’s Lending Revolution: Risky Path to Empower India’s Small Borrowers")
India’s Reserve Bank is set to launch a “unified lending interface” aimed at enhancing access to credit for small businesses and farmers. By leveraging extensive digital transaction data from its Unified Payments Interface (UPI), the RBI hopes to encourage financial institutions to lend to those typically underserved due to a lack of documentation and collateral. ...
 "RBI’s Bold Measures: Protecting Financial Integrity Amidst Industry Criticism")
The Reserve Bank of India’s Deputy Governor, Swaminathan J, emphasized that the central bank’s recent strict actions against certain financial institutions are aimed at maintaining the stability and integrity of the financial system, not to disrupt business. He addressed concerns about the regulator’s perceived eagerness to impose restrictions, clarifying that these measures are taken only ...
