The Reserve Bank of India is set to allow trading in bond forwards that long-term investors can use to manage their interest rate risk, the central bank said on Friday. "We have been receiving feedback about the need to allow forward contracts in government securities to enable further market development,

India's central bank (RBI) is not targeting any price band for the Indian rupee and focusing more on curbing excess volatility, Reserve Bank of India (RBI)..

The Reserve Bank of India (RBI) cut its key repo rate for the first time in nearly five years on Friday and signalled a less restrictive policy approach ahead, as it see