The RBI will permit wider use of special rupee vostro account (SRVA) balances by making them eligible for investment in ...

Steps include lending in rupees to neighbours, expanding SRVA investment options, and adding reference rates for partner ...

India’s financial landscape is undergoing a remarkable transformation as digital currency gains traction among businesses, consumers, and policymakers. From everyday payments to cross-border ...

India’s economic influence is expanding beyond its borders, and the Indian rupee is steadily gaining ground in international trade. The Reserve Bank of India (RBI) has recently introduced three major ...

The Reserve Bank of India (RBI) has announced fresh measures to promote wider use of the Indian Rupee in cross-border ...

India's central bank on Wednesday proposed steps to boost the Indian rupee’s , global use, including allowing local banks to ...

The timing of the measure is significant as nearly 90 per cent of India’s exports to South Asia in 2024–25, worth about $25 ...

MSMEs contribute to nearly 45 per cent of India's exports and employ over 110 million people, making them a significant ...

In the latest MPC meeting, RBI Governor Sanjay Malhotra outlined plans to strengthen the Indian currency and more ...

The Indian rupee posted its fifth consecutive monthly fall against the U.S. dollar, and hit a record low on Tuesday, as trade ...