Faced with some of the highest US tariffs in the world, Indian exporters are set to knock on the door of the Reserve Bank of India seeking relief. Industry persons are set tomeet with Governor SanjayMalhotra on Thursday, Sept. 11, seeking easier loan repayment norms and waiver of penal interest, sources told NDTV Profit on Sunday.
RBI
SMBC Gets RBI Nod to Acquire 24.99% Stake in Yes Bank, to Join Board with 2 Seats
SMBC Yes Bank Deal : Japanese lender SMBC gets RBI approval to acquire up to 24.99% in Yes Bank, marking the largest cross-border investment in India’s banking sector; SBI, other banks to sell shares.
India bond yields seen steady; may breach 6.50% amid sour mood
MUMBAI, Wednesday, 13 August,2025 (Reuters) – Indian government bond yields are likely to open steady on Wednesday, with the benchmark 10-year yield seen testing the key 6.50% mark amid a sour mood, following a sharp selloff fuelled by rising fiscal pressure and higher debt-supply concerns.
Share Of Gold In India’s Forex Reserves Rises
The share of gold in India’s foreign exchange reserves rose to just over 7% at the end of March 2022, from 5.88% at the end of September 2021, the Reserve Bank of India (RBI) said in a report released on Thursday. At end-March 2022, the RBI held 760.42 metric tonne of gold (including gold deposits of 11.08 metric tonne). “While 453.52 metric tonne of gold is held overseas in safe custody with the Bank of England and the Bank of International Settlements (BIS), 295.82 metric tonne of gold is held domestically,” the central bank said in its half-yearly report on foreign exchange reserves.
Rupee Bond Traders To Await RBI’s Reverse Repo
Indian rupee bond traders will look forward to the central bank’s liquidity-management operation Tuesday. The rupee may fall against the dollar as oil prices climb to a seven-year high.
RBI Prepares To File For Insolvency Proceedings Against SREI Infrastructure Finance & SREI Equipment Finance
Reserve Bank of India prepares to file for insolvency proceedings against SREI Infrastructure Finance and SREI Equipment Finance RBI has finalised an administrator to be appointed …
India Sells Rs 24,000 Crore Of Bonds As Planned: RBI
India sold Rs 24,000 crore ($3.2 billion) of bonds at a weekly auction as planned, the Reserve Bank of India said in a statement.