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11 result(s) for “Reserve Bank of India”

Business News · Nov 1, 2026

Government names Suresh N Patel to head high level banking reforms committee, signals major overhaul ahead

New Delhi on November 1, 2026: The finance ministry constituted a six member high level committee on banking to review regulations, consolidation and digital transformation, naming former Central Vigilance Commissioner Suresh N Patel as chair. The panel is charged with recommending structural and governance changes to make India’s banks more competitive internationally and to support lending for the next decade of growth.

Business News · Oct 22, 2026

RBI minutes show policy split as inflation risks keep rate hikes on the table

Minutes from the Reserve Bank of India’s October policy meeting show policymakers increasingly worried that inflation is broadening beyond food and fuel, prompting a shift to a calibrated tightening stance and leaving the door open for further rate increases. The deliberations reveal trade offs for growth, markets and borrowers as India navigates an oil-driven inflation shock and a resilient economy.

Business News · Oct 11, 2026

RBI launches targeted dollar window and tighter hedging rules to steady rupee

India’s central bank unveiled a package of measures on October 11, 2026 to calm extreme pressure on the rupee, offering direct dollar sales to state oil firms and raising the cost of speculative hedging. Officials say the steps are designed to reduce spot market demand for dollars while limiting one-way derivative bets that have amplified recent weakness.

Business News · Oct 9, 2026

Rupee Firms After Early RBI Intervention as Oil Retreat Eases Pressure on Currency

The Indian rupee gained modestly on October 9, 2026 after early intervention by the Reserve Bank of India and a drop in oil prices. Traders said the central bank sold dollars to cap depreciation, a move that should limit imported inflation risks but leaves longer term pressure from global risks and capital outflows unresolved.