Reserve Bank of India net sold $6.5 billion in August, shows data

The Reserve Bank of India (RBI) was a net seller of the US dollar in August, reversing its net buying position from July. Photograph: Shailesh Andrade/Reuters During the current financial year up......

RBI seen warming up for a neutral shift in stance

With concern on food inflation ebbing with the monsoon progressing well, the Reserve Bank of India (RBI) is warming up to the idea of a change in stance to “neutral” from......

US Treasuries drive RBI's bumper surplus to Centre

A combination of factors, including heavy investments in US Treasury bonds and dollar sales at a healthy profit, facilitated the Indian central bank in transferring a record surplus of Rs 2.11......

On a hat-trick: Will Das throw up another surprise?

Reserve Bank of India (RBI) Governor Shaktikanta Das had stumped the market in the previous two policies — in August and in October — first with action and then with words. Photograph:......