... bets against the rupee and reduce demand for dollars.RBI said it would sell dollars directly to IndianOil, HPCL and BPCL to meet their crude import needs, as part of measures to curb rupee volatility.
The Reserve Bank of India will raise the daily cash reserve ratio maintenance from ninety to ninety nine percent starting October sixteen to manage excess liquidity ... .
The Reserve Bank of India (RBI) on Friday said it will conduct an open market operation (OMO) sale auction of government securities worth Rs 25,000 crore on October 13... .
New Delhi. The Reserve Bank of India is expected to deliver an additional 50 basis points (bps) of interest rate increases across its next two policy ....