Tag: Reserve Bank of India

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Rupee rebounds: INR pulls back as RBI support, softer dollar offer relief; currency ends the day at 89.96 per USD

The rupee pulled back from its weakest-ever level on Thursday, ending the day at 89.96 against the US dollar, a gain of...

IMF’s big move: India’s forex framework reclassified; move comes amid rupee weakness

India’s exchange rate framework came under renewed global scrutiny on Wednesday after the International Monetary Fund reclassified the country’s “de facto” regime...

Rupee watch: Currency nears 90 amid RBI caution; data-heavy week to test stability

The Indian rupee could come under further strain this week, with traders watching whether the currency edges closer to 90 per US...

Kotak Mahindra stock split: Bank announces 1:5 share split; aims to boost liquidity- what you need to know

Kotak Mahindra Bank on Friday said its board has approved a sub-division of equity shares in a 1:5 ratio to make the...

Bank lending trends: Credit growth to industry slows to 7.3% in September; personal loans, NBFC funding also lose pace

Growth in bank credit to industry eased to 7.3 per cent in September 2025, compared with 8.9 per cent in the same...

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