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The Indian central bank's decision to withdraw surplus liquidity from the banking system just weeks after a large rate cut and cash boosting measures has prompted an uptick in money market rates ...
MUMBAI (Reuters) -India's current account posted a surplus for the first time in four quarters in the January-March period, helped by higher services exports, the central bank said on Friday. The ...
India central bank's surplus transfer to the government Analysts' estimates, however, had ranged between 2.7 trillion rupees and 4 trillion rupees. In fiscal year 2024, the RBI had transferred a ...
India's overnight rates surpass RBI's key rate due to tax outflows, impacting liquidity absorption auctions and banking ...
India Central Bank Has Room for More Rate Cuts, but With Caution, Says Rate Panel Member. By Reuters | April 30, 2025. ... Surplus liquidity of around 1% of overall deposits, ...
Central bank’s ability to support Govt while maintaining financial stability is welcome but should not be taken for granted ...
The latest move followed a jump in a key gauge the Reserve Bank of India uses to guide monetary policy, which rose to 5.78% on Wednesday, above its 5.5% benchmark.
Noting that nearly a fifth of India’s exports go to the U.S., they think Modi will want to show Trump that he is serious about addressing the trade surplus, which grew to $37 billion in the 12 ...
The central bank said improved prospects for the kharif crop, steady momentum in the services sector, and modest industrial ...
ADB's lower growth outlook for India's economy in FY26 reflects concerns over the potential impact of the US tariffs and ...
The Asian Development Bank (ADB) on Wednesday lowered India’s growth forecast for FY26 to 6.5 per cent from 6.7 per cent on ...