The Reserve Bank of India anticipates minimal costs from significant forex inflows. High interest rates on US treasuries are expected to offset hedging expenses. These record inflows will also reduce currency intervention costs for the central bank. Economists suggest hedging costs could reach thir»»»

The Reserve Bank of India (RBI) has retained Tata Sons in the list of upper-layer non-banking financial companies (NBFC-UL), saying the company's application to surrender its NBFC licence, submitted in August 2024, is still under examination. The decision prolongs uncertainty over the holding compa»»»