Congress vs BJP: Who Really Built India’s Forex Wall?

By BPN News Desk September 22, 2025

Op-Eds Opinion

India’s foreign exchange reserves recently crossed the $700 billion mark, sparking debate about which government deserves credit for building this financial shield. For students of finance and public services, this question is less about politics and more about understanding how reserves grow,

Business Finance

Rupee Edges Up to ₹88.20 Against US Dollar

By BPN News Desk September 15, 2025

On Monday, the Indian rupee gained 6 paise to close at ₹88.20 per US dollar in interbank trading. This was a marginal improvement driven by range-bound trading and a slightly weaker US dollar. Market Dynamics Traders noted controlled volatility in the forex market. Some attributed the rupee’s mild strengthening to possible intervention by the Reserve […]

Business Finance

RBI Holds Talks with Exporters as US Tariffs Loom

By BPN News Desk August 26, 2025

The Reserve Bank of India (RBI) has started consultations with exporters to understand what support they may need as the US prepares to impose steep tariffs on Indian goods. These discussions are expected to continue through the week, with small and medium-sized enterprises flagged as the most at risk. Tariff Impact on Exports The US […]

Economy National

RBI May Cut Rates As Inflation Drops To Six-Year Low

By BPN News Desk July 16, 2025

Reserve Bank of India Governor Sanjay Malhotra has indicated that additional interest rate cuts may be considered if current economic trends continue. This follows the release of June inflation data showing a sharp decline to 2.1%, the lowest level in over six years. The RBI’s Monetary Policy Committee is expected to closely monitor both inflation […]

Business Finance

RBI: ₹2,000 Notes No Longer Circulating, But Still Valid

By BPN News Desk July 11, 2025

RBI Governor Sanjay Malhotra informed Parliament’s Finance Committee that ₹2,000 notes are no longer being issued or found in everyday transactions, but remain fully legal tender. The notes were officially withdrawn from circulation in May 2023. Why They Still Count Despite being phased out, approximately ₹6,100 crore worth of ₹2,000 notes remain with the public […]

Business Finance

Nirmala Sitharaman Urges Respectful NBFC Recoveries

By BPN News Desk July 11, 2025

Union Finance Minister Nirmala Sitharaman has called on non-banking financial companies (NBFCs) to follow respectful and fair practices while recovering loans. Speaking at a financial sector event in New Delhi, she stressed that while financial institutions have every right to recover dues, the methods must never compromise the dignity of borrowers. She cited instances

Economy National

RBI Expected to Cut Repo Rate by 25 bps in June 2025 Policy Meeting

By BPN News Desk May 26, 2025

The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) is widely expected to cut the repo rate by 25 basis points in its next policy meeting on June 6, 2025. If implemented, this would be the third consecutive rate cut this year, following reductions in February and April, signaling a strong pivot toward economic […]

Economy National

Indian Banks Advocate for Reinstatement of Daily Overnight Borrowing Window to Enhance Liquidity

By BPN News Desk April 5, 2025

Indian banks have formally requested the Reserve Bank of India (RBI) to reinstate the daily overnight borrowing window as a means to improve day-to-day liquidity management. The demand comes amid growing challenges in managing cash flows efficiently under the current liquidity framework, which is centered on 14-day variable rate repo operations. Banks Cite Operational

Finance

RBI Governor Urges Banks to Streamline KYC Processes and Enhance Customer Service

By Editor - News Desk March 19, 2025

Reserve Bank of India (RBI) Governor Sanjay Malhotra has urged banks and non-banking financial companies (NBFCs) to cease the practice of repeatedly requesting ‘Know Your Customer’ (KYC) documents from customers. Speaking at the annual conference of RBI Ombudsmen, Malhotra emphasized that once a customer submits KYC documents to any financial institution

Finance

RBI’s ₹1.9 Lakh Crore Liquidity Infusion Expected to Lower Lending Rates

By BPN News Desk March 18, 2025

The Reserve Bank of India (RBI) has implemented significant liquidity infusion measures aimed at stimulating economic growth and potentially leading to a reduction in lending rates sooner than anticipated. These measures are designed to alleviate liquidity constraints in the banking system, thereby enabling banks to lower borrowing costs for consumers and businesses. To