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India’s Forex Reserves Rise For Eighth Consecutive Week; Reach $688 Billion
India’s forex reserves rose by $1.983 billion to $688.129 billion in the week ending 25 April, RBI data showed.
Government Terminates Subramanian’s IMF Tenure Ahead Of Scheduled End
The Indian government has sacked Krishnamurthy V Subramanian as Executive Director at the International Monetary Fund (IMF).
US, UK Surpass Gulf Nations In Remittances To India In 2023-24: RBI
In 2023–24, India received more remittances from advanced economies like the US and UK than from Gulf countries.
India’s Forex Reserves Surge To $665.4 Billion; Rupee Strengthens As Trade Deficit Narrows
India’s forex reserves jumped $6.6 billion to a five-month high of $665.4 billion for the week ending March 28, 2025, RBI data showed.
India’s Forex Reserves Climb To $658.8 Billion; Highest In Four Months
India’s forex reserves rose by $4.5 billion to $658.8 billion in the week ending 28 March, hitting a four-month high, RBI data showed.
India’s Forex Reserves Rise By $305 Million To $654.271 Billion
India’s forex reserves increased by $305 million, reaching $654.271 billion for the week ending March 14, according to the RBI.
RBI Assures IndusInd Bank Depositors Following Financial Health Concerns
The Reserve Bank of India (RBI) reassured IndusInd Bank depositors about the bank’s financial stability amid recent concerns.
NRI Bank Deposits Surge 42.8% To $13.33 Billion In April-December 2024
RBI data shows NRI bank deposits surged 42.8% to $13.33 billion between April and December 2024, up from $9.33 billion in 2023.
RBI Restrictions On New India Co-operative Bank Spark Customer Panic
RBI imposes restrictions on New India Co-operative Bank in Mumbai, leaving account holders unable to access their deposits.
RBI’s Digital Payments Index (DPI) Rises To 465.33 In September 2024
The Reserve Bank of India (RBI) announced that its Digital Payments Index (DPI) rose to 465.33 as of September 2024, up from 445.5 in March 2024.
