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Forex reserves fall for 3rd week, decline $2.4 billion

India Business News: India's foreign exchange reserves decreased by $2.4 billion to $637.9 billion as of April 26, marking the third consecutive weekly decline in reserves ....

Business News , Weekly Decline , Forex Reserves , April 26 , 4 Billion ,

RBI proposes higher provisions for project finance

Mumbai: The Reserve Bank of India (RBI) on Friday raised the provisions for under construction infrastructure projects and asked lenders to monitor any build-up of stress in a project on an ongoing. ....

Reserve Bank , Prudential Framework , Income Recognition , Asset Classification ,

RBI's FX intervention eases as conditions turn favourable for rupee

The RBI s interventions eased significantly earlier this year, with the RBI buying $8.5 billion in February and not making any sales, its latest monthly bulletin showed. ....

Vivek Kumar , Quanteco Research , Reserve Bank ,

RBI is worried about gold loan startups. Here's why.

Indias Reserve Bank has cautioned banks about gold loan disbursements through fintech startups. What made it take this step? An explainer. ....

Reserve Bank , Gold Loan Startups , Gold Loans , Lax Practices , Fintech Startups ,

RBI says 97.76% of Rs 2,000 currency notes back in system

The Rs 2,000 banknotes continue to be legal tender, RBI said in a press release. ....

Reserve Bank , Issue Offices , India Post , S 2000 Notes ,