India's central bank announced on Monday a host of measures to inject liquidity into the banking system, including bond purchases and dollar/rupee swaps, which analysts and traders said could be a precursor to a rate cut next month.

India’s central bank purchased a large quantum of bonds last week, with the monetary authority stepping in to ease a cash crunch that is currently at its widest level in more than a decade.

The Reserve Bank of India (RBI) has instructed lenders to tighten their cybersecurity oversight to address increasing digital threats in the financial sector. This directive emphasizes proactive risk management,

India's central bank on Monday announced a host of measures to inject liquidity in the banking system, including bond purchases and dollar/rupee swaps. The Reserve Bank of India will buy government bonds worth 600 billion rupees ($6.