India’s central bank has proposed broader participation in the country’s money market to include shadow lenders, companies and other financial institutions, in a move aimed at deepening funding markets and expanding access to short-term liquidity.
India’s central bank has proposed broader participation in the country’s money market to include shadow lenders, companies and other financial institutions, in a move aimed at deepening funding markets and expanding access to short-term liquidity.
The Reserve Bank of India headquarters in Mumbai. Photographer: Dhiraj Singh/Bloomberg
India’s benchmark bond yields and swap rates fell to their lowest levels in three months as the nation’s central bank Governor pushed back against expectations for tighter monetary policy.
India’s benchmark bond yields and swap rates fell to their lowest levels in three months as the nation’s central bank Governor pushed back against expectations for tighter monetary policy.
Reserve Bank of India Governor Sanjay Malhotra Photographer: Dhiraj Singh/Bloomberg
India’s central bank allowed lenders to extend loans against foreign-currency deposits raised under a special program offered to overseas citizens, a move that could see billions in dollar inflows over the next few months.
India’s central bank allowed lenders to extend loans against foreign-currency deposits raised under a special program offered to overseas citizens, a move that could see billions in dollar inflows over the next few months.
Most emerging-market currencies slid Monday on the back of a stronger dollar as rising bets the Federal Reserve will hike rates this year sapped risk appetite, overshadowing the latest developments in the Middle East as the US and Iran make progress toward a peace deal.
Most emerging-market currencies slid Monday on the back of a stronger dollar as rising bets the Federal Reserve will hike rates this year sapped risk appetite, overshadowing the latest developments in the Middle East as the US and Iran make progress toward a peace deal.
At least four lenders including the State Bank of India are preparing to raise about $2.5 billion selling bonds in the coming weeks, tapping a Reserve Bank of India facility that makes it cheaper to borrow dollars, according to people familiar with the matter.
At least four lenders including the State Bank of India are preparing to raise about $2.5 billion selling bonds in the coming weeks, tapping a Reserve Bank of India facility that makes it cheaper to borrow dollars, according to people familiar with the matter.
Signage at the State Bank of India (SBI) headquarters in Mumbai, India, on Tuesday, Nov. 11, 2025. SBI is supportive of another wave of mergers among state-backed lenders as policymakers explore ways to build scale and finance growth in the world’s fastest-growing major economy.
A blazing rally in India’s short-end bonds, driven by plans to attract foreign capital, may fizzle out because the central bank is expected to drain excess cash from the financial system, according to analysts.
A blazing rally in India’s short-end bonds, driven by plans to attract foreign capital, may fizzle out because the central bank is expected to drain excess cash from the financial system, according to analysts.
India’s rupee rallied to the strongest level in six weeks, fueling bets the currency can extend gains helped by the authorities’ steps this month to boost foreign-currency inflows.
India’s rupee rallied to the strongest level in six weeks, fueling bets the currency can extend gains helped by the authorities’ steps this month to boost foreign-currency inflows.
Some Indian lenders have asked the central bank if they can help individuals access loans from overseas banks to bring in more capital under a new plan, according to people familiar with the matter, potentially amplifying inflows into the country.
Some Indian lenders have asked the central bank if they can help individuals access loans from overseas banks to bring in more capital under a new plan, according to people familiar with the matter, potentially amplifying inflows into the country.
A tweak to a single sentence within an arcane central bank circular has opened the door for billions of additional dollars to flow into India under a new incentive plan.
A tweak to a single sentence within an arcane central bank circular has opened the door for billions of additional dollars to flow into India under a new incentive plan.
The Reserve Bank of India headquarters in Mumbai. Photographer: Dhiraj Singh/Bloomberg
To get a sense of the pressure India’s financial markets were straining under before a wave of support measures announced last week, look no further than the record amounts of dollars the central bank had committed to support the beleaguered rupee.
To get a sense of the pressure India’s financial markets were straining under before a wave of support measures announced last week, look no further than the record amounts of dollars the central bank had committed to support the beleaguered rupee.
Traders in Reliance Industries Ltd.’s treasury department are strategizing over where to park the company’s cash in case the Reserve Bank of India starts raising interest rates in the coming months.
Traders in Reliance Industries Ltd.’s treasury department are strategizing over where to park the company’s cash in case the Reserve Bank of India starts raising interest rates in the coming months.
Emerging-market currencies snapped an eight-day winning streak on Monday as hopes faded for an imminent peace deal, even though President Donald Trump tried to calm market jitters by saying talks with Iran are moving at a “rapid pace.”
Emerging-market currencies snapped an eight-day winning streak on Monday as hopes faded for an imminent peace deal, even though President Donald Trump tried to calm market jitters by saying talks with Iran are moving at a “rapid pace.”
Emerging-market currencies snapped an eight-day winning streak on Monday as hopes faded for an imminent peace deal, even though President Donald Trump tried to calm market jitters by saying talks with Iran are moving at a “rapid pace.”
Emerging-market currencies snapped an eight-day winning streak on Monday as hopes faded for an imminent peace deal, even though President Donald Trump tried to calm market jitters by saying talks with Iran are moving at a “rapid pace.”
A country whose economy is growing faster than those of its peers would typically see its currency strengthen. India’s growth has outstripped even that of manufacturing powerhouse China, yet the rupee has fallen in value every year since 2018.
A country whose economy is growing faster than those of its peers would typically see its currency strengthen. India’s growth has outstripped even that of manufacturing powerhouse China, yet the rupee has fallen in value every year since 2018.
Bundles of rupee banknotes in New Delhi. Photographer: Prakash Singh/Bloomberg
Even if the Middle East war ends soon, corporate profits would stay under pressure, BofA says.
Workers assemble a vehicle at a VinFast Auto Ltd. factory in Thoothukudi, Tamil Nadu, India, on Monday, Aug. 4, 2025. Vietnamese electric vehicle maker VinFast sees its new India factory as key to entering South Asia, the Middle East and Africa, Asia Chief Executive Officer Pham Sanh Chau said, as it begins a $500 million push to crack the world’s third-biggest car market. Photographer: Dhiraj Singh/Bloomberg
India’s rupee strengthened as oil prices dropped on hopes of a US-Iran deal and on comments by the central bank Governor that the currency may be undervalued.
India’s rupee strengthened as oil prices dropped on hopes of a US-Iran deal and on comments by the central bank Governor that the currency may be undervalued.
Bundles of 500 and 100 rupee banknotes at a currency exchange in New Delhi, India, on Saturday, Aug. 30, 2025. The Indian rupee slumped to a record low versus the dollar on concern that 50% US tariffs will hurt the country's economic growth and corporate earnings. Photographer: Prakash Singh/Bloomberg
Emerging-market stocks and currencies gained on the week as investors grew increasingly hopeful that the US and Iran are moving closer to a peace deal.
Emerging-market stocks and currencies gained on the week as investors grew increasingly hopeful that the US and Iran are moving closer to a peace deal.
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