Tag: Bank
India forex reserves: Forex reserves dip $6.1 billion to $593.48 billion
India’s foreign exchange reserves saw a fall of $6.052 billion to $593.477 billion as on May 19, 2023, as per Reserve Bank of India data…
india: View: India is once again making money a plaything
When it comes to money, ignorance is bliss. For the second time in recent years, India seems to have disregarded this maxim. In November 2016,…
2000 note: Rs 2,000 note completed its life cycle, it was time to take it out of circulation: RBI Guv Das
The purpose of introducing the Rs 2,000 note was fulfilled, it completed its life cycle and as such, it had to be taken out of…
Nitin Gadkari: Changes in the works for surety bonds to make them lucrative: Nitin Gadkari
Changes will be made to the surety bond offering in road making contracts to make it more lucrative said Road Transport and Highways Minister Nitin…
RBI pushes for stronger governance at banks
India‘s central bank on Monday pushed the country’s lenders to strengthen their boards and increase focus on managing risk. At a meeting with senior management…
rural demand india growth: Private consumption, rural demand to drive India’s growth in Apr-Jun quarter, highlights RBI bulletin
India‘s growth is likely to be driven primarily by private consumption, supported by reviving rural demand, and renewed buoyancy in manufacturing in the April-June quarter,…
rbi spot forex market: RBI bought net $750 mn in spot forex market in March- Bulletin
The Reserve Bank of India (RBI) bought $750 million on a net basis in the spot foreign exchange market in March, data released on Monday…
maharashtra: Uttar Pradesh surpasses Maharashtra in sugar production this season
Uttar Pradesh has surpassed Maharashtra in sugar production in the current season even as 118 sugar mills operated in UP during the period compared to…
India’s forex reserves soar to $599.53 bln, highest since early June
India’s foreign exchange reserves experienced a continuous increase for the third week in a row, reaching $599.53 billion as of May 12. This level represents…
India infra: India’s newest infra lender to loan Rs 1 lakh crore this fiscal
The Indian government-backed National Bank for Financing Infrastructure and Development (NaBFID) expects to sanction close to 1 trillion rupees ($12.23 billion) in loans this financial…