Back
Finance25 June 2026 at 07:11 pm
RBI nudges banks to offer better forex rates to retail customers
Quick Take
The Reserve Bank of India is pushing banks to offer better foreign exchange rates for individuals and small businesses. A new platform allows direct trading at inter-bank rates, aiming to eliminate the higher mark-ups previously charged
Why It Matters
Central bank rate decisions ripple through every asset class -- from loan EMIs to stock valuations to currency movements. Even a pause signals something.