Bandhan Bank raises FCNR deposit rates to 7.1% for terms of 3-5 years following RBI swap action
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‘No agreement…’: RBI strengthens rules against mis-selling by banks and influencers | Ways to safeguard yourself from deceptive products
RBI Implements Stricter Regulations on Financial Product Sales The Reserve Bank of India (RBI) announced new regulations on Monday aimed at combating fraudulent sales of financial products by banks and other financial institutions. These revised guidelines will be enforced starting January 1, 2027. According to the new regulations, banks are prohibited from creating incentive plans […]
Indian Rupee continues to rise at the beginning of RBI policy week
The Indian rupee (INR) started the week on a positive note against the US dollar (USD) as the Reserve Bank of India’s (RBI) policy week commenced. This uptick happened despite rising oil prices, underscored by strong hopes for a lasting peace agreement between the US and Iran, leading to the USD/INR pair dropping to approximately […]
Aaron Judge is experiencing his longest RBI drought, highlighting one of the troubling problems for the Yankees.
The ongoing discussion about the Yankees’ dependence on Aaron Judge has only intensified with his recent struggles. It seems like, well, maybe he’s really having one of the toughest stretches of his career. To illustrate, Judge has hit a snag, going 11 games without a hit—marking the longest drought he’s faced in the majors, as […]
Austin Wells breaks out of a tough RBI slump with a home run during the Yankees’ defeat.
Austin Wells’ Struggles Come to an End The dry spell for Austin Wells has finally finished. He managed to break a frustrating stretch of 50 consecutive at-bats without a hit, but it didn’t quite lead to a win. The Yankees fell to the Rays, 4-2, partly due to another late-game bullpen collapse. The home run […]
Konnor Griffin makes a strong impression with an RBI double in his first MLB game
Exciting MLB Debut for Connor Griffin Connor Griffin kicked off the 2026 season as one of the most awaited players ready to make his mark in Major League Baseball. This past Friday, the young Pirates player delivered on those expectations. The promising 19-year-old prospect, who celebrates his birthday in just three weeks, achieved an RBI […]
RBI allows Emirates National Bank of Dubai to purchase a stake of up to 74% in RBL Bank
The Reserve Bank of India (RBI) has given the green light for Dubai’s Emirates National Bank of Dubai (NBD) to acquire a stake of up to 74% in RBL Bank, which could allow RBL to be classified as a foreign bank. This approval was issued on April 1, with an expiration date set for a […]
RBI steps in to stabilize the rupee
Rupee Gains Following Central Bank Intervention After the Central Bank of India stepped in by selling USD/INR in the foreign exchange market, the USD/INR rate dropped significantly, resulting in about a 1% appreciation of the rupee. I’ve been mentioning the Indian Rupee often lately since it’s been hitting record lows. This situation seems to worsen […]
Rising dollar threatens all-time low; traders watch RBI response
Indian Rupee Faces Pressure Amid Dollar Surge MUMBAI, Oct 8 – The Indian rupee may approach a record low as it opens on Wednesday, influenced by the dollar index reaching a six-week high and the overall weakness in Asian markets, potentially leading to more central bank interventions. One-month non-deliverable forwards suggest the rupee will start […]
Indian Rupee stabilizes as easing inflation in India supports expectations for a rate cut by the RBI
Indian Rupee Gains Against the US Dollar Amid Fed Speculation The Indian rupee is making gains against the US dollar, influenced by expectations around the Federal Reserve’s dovish stance. In July, core inflation in the US rose to 3.1%, marking a faster increase. Conversely, India experienced its slowest retail inflation growth in eight years, settling […]