The Reserve Bank of India (RBI) has announced a special foreign exchange facility to meet the entire daily US dollar requirements of three state-owned oil marketing companies: Indian Oil Corporation Limited (IOCL), Hindustan Petroleum Corporation Limited (HPCL) and Bharat Petroleum Read more…
India’s foreign exchange reserves climbed by $8.663 billion to reach a record high of $725.727 billion for the week ended February 13, according to data released by the Reserve Bank of India (RBI). A major contributor to the increase was Read more…
The Reserve Bank of India has released revised draft guidelines for the Kisan Credit Card scheme, widening the scope of eligible farm loans to include expenses related to agri-tech initiatives. The proposed changes allow farmers to use KCC funds for Read more…
The Reserve Bank of India’s Monetary Policy Committee (MPC) begins its three-day meeting today, with deliberations set to continue until Friday. The outcome of the meeting, led by RBI Governor Sanjay Malhotra and the six-member MPC, will be announced on Read more…
Law Notify, January 13, 2026 : Reserve Bank of India Governor Sanjay Malhotra on Friday said that regulation and supervision in the financial sector must evolve continuously to keep pace with rapid digitalisation. He noted that while technology has improved Read more…