BankingMedium impactAfter close

Rupee steadies as RBI supports currency stability

21 Nov 2025 · 16:10 ISTafter close1 source ↓written by the desknot a recommendation

per dollar: ₹88.7050

The Indian rupee remained stable at ₹88.7050 per dollar this week, aided by the Reserve Bank of India's interventions. Traders are closely monitoring US policy moves and foreign investor sentiment. RBI's head, Sanjay Malhotra, emphasized strong foreign exchange reserves as a buffer against volatility, dismissing recent rupee fluctuations as temporary.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 21 Nov 2025, 16:10 IST.

Sourcesnews.google.com

Banking

1 OctSensex hits 2026 low, Nifty below 22,300HighOn 01 Oct 2023, the BSE Sensex fell over 1,000 points to 71,486.24, marking a 2026 low, while the Nifty 50 dropped below 22,300. This sell-off erased ₹8.7 lakh crore in investor wealth amid rising crude oil prices and geopolitical concerns.
1 OctKarur Vysya Bank reports 18% YoY growth in Q2FY27MediumKarur Vysya Bank reported total business growth of 17.96% YoY to ₹2,39,710 crore in Q2FY27, driven by deposits up 15.96% and advances up 20.34%. This indicates strong operational momentum and broad-based growth.
1 OctPositive NIM outlook for banks from 2HFY27MediumA report suggests a positive net interest margin outlook for banks from 2HFY27, driven by a rising rate cycle. Currently, NIM stands at 3.2% in Q1FY27, with expectations of continued growth despite potential pressure in Q2FY27.
1 OctJP Morgan identifies key sectors for India's growth cycleMediumJP Morgan's report identifies financials, private capital expenditure, and manufacturing as key growth themes in India. The firm favors mid- and small-cap stocks, with overweight allocations in several sectors, emphasizing the need for strong demand and capital expenditure.
1 OctState Bank of India leads Reliance's $1.35 billion debt saleHighState Bank of India acquired nearly ₹50 billion of Reliance Industries' ₹130 billion debt sale, representing about 40% of the offering. The bonds, rated AAA, carry a 7.90% coupon, highlighting strong demand amid inflation concerns.
30 SeptReliance proceeds with ₹12,000 crore bond issue amid rising costsMediumReliance Industries is advancing with a ₹12,000 crore bond issue despite rising borrowing costs, with recent bids exceeding 8%. This move comes as companies seek to leverage available liquidity amid tightening market conditions.

Rupee steadies as RBI supports currency stability

Related