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Latest Articles in Reserve Bank of India s RBI

India's Forex Reserves Up By $2.04 Bn To $639.51 Bn

The reserves had surged by $8.895 billion to a lifetime high of $642.453 billion in the week ended September 3.

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RBI Imposes Rs 25 Lakh Penalty On Axis Bank

The RBI said a scrutiny was carried out during February and March 2020 in a customer account maintained with Axis Bank, and it was observed that the bank had "failed to comply" with directions contained in the Reserve Bank of India KYC Direction, 2016.

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Forex Reserves Zoom To Record High Of USD 612.73 Bn

Foreign currency assets include the effect of appreciation or depreciation of non-US units like the euro, pound and yen held in the foreign exchange reserves.

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Forex Reserves Rise By USD 1.88 Bn To Record High Of USD 611.89 Bn

Gold reserves were up by USD 584 million to USD 36.956 billion in the reporting week, according to the data.

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