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 central bank said on Tuesday it will conduct a two-day variable rate reverse repo auction worth one trillion rupees ($11.67 billion) on July 9.The move follows the central bank's decision last ...

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.

India's economy continues to hold up against a global flux, dealing with the impact of geopolitical tensions and trade ...