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EconomyBanks seek RBI relief and clarity on India’s latest rupee-defence measures, sources say

Banks have asked the Reserve Bank of India to ease a key measure announced over the weekend to support the rupee and remove the threshold that triggers the rule, four people familiar with the discussions said.

IndiabanksReserve Bank of Indiarupee

RReuters★★★☆☆2026-10-12 11:45Original

Banks seek RBI relief and clarity on India’s latest rupee-defence measures, sources say
Banks seek RBI relief and clarity on India’s latest rupee-defence measures, sources sayEconomy