by OverviewFX | May 30, 2025 | Politics
India has a significant opportunity to attract foreign investment as multinational firms rethink their global supply chains, according to former Reserve Bank of India (RBI) Governor Raghuram Rajan. Speaking to CNBC-TV18 on May 28, Rajan emphasised that India needs to...
by OverviewFX | May 30, 2025 | Politics
India is likely to float a discussion paper next month outlining policy framework options for crypto assets amid growing acceptance for them, thanks in large part to US President Donald Trump embracing digital currencies, people familiar with the matter said.The...
by OverviewFX | May 30, 2025 | Politics
The Reserve Bank of India (RBI) is reviewing its ‘liberalised remittance scheme’, which saw outflows of around $30 billion in FY25, as it looks to rationalise the facility and promote the rupee as an international currency.The central bank is carrying out...
by OverviewFX | May 30, 2025 | Politics
A surge in global interest rates and gains from dollar sales to stem the rupee’s fall boosted the Reserve Bank of India’s (RBI’s) FY25 net income by 27%, enabling it to transfer a record surplus to the central government and help bridge the fiscal gap. North Block’s...
by OverviewFX | May 30, 2025 | Politics
Jefferies sees room for 75 bps rate cut by RBI in 2025 as dollar weakensGlobal financial services firm Jefferies said on Friday that the weakening of the US dollar has created room for the Reserve Bank of India (RBI) to lower its interest rates by up to 75 basis...
by OverviewFX | May 30, 2025 | Politics
Mumbai: The Reserve Bank of India (RBI) is working on issuing guidelines to address mis-selling of financial products and services by banks and NBFCs, whether these are their own or third-party offerings.In its annual report, the central bank said it will soon issue...
