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......

Reserve Bank of India leaves key rates unchanged

For the second consecutive time, Reserve Bank Governor D Subbarao on Tuesday left the key interest rate unchanged to fight inflation, and lowered the growth projection for the current fiscal to 6.5......

Reserve Bank of India may conduct OMO auction in first week of Nov

Bond market participants expect an open market operation (OMO) auction in the first week of November as the banking system liquidity is expected to ease on the back of government spending and......

Enough is enough, India Inc tells Reserve Bank

If India Inc has its way, Thursday should be the last of the interest rate rises by the Reserve Bank of India in this current cycle. Most are treating a 25 basis point increase in key policy......