Tag: Bank
india: Indian economy to grow at around 6.5 pc in FY24, says NITI Aayog member Arvind Virmani
The Indian economy will grow at around 6.5 per cent in the current fiscal, notwithstanding high oil prices and increased geopolitical tensions, NITI Aayog member…
India forex news: India’s forex reserves fall $2.17 billion to $584.25 billion
India’s foreign exchange reserves saw a dip of $2.165 billion to $584.248 billion as on April 21, 2023, Reserve Bank of India data showed on…
Capital Adequacy Ratio: RBI asks banks to remain prepared for shocks, have strong capital back up
The Reserve Bank of India wants bank managements and their boards to be on their toes all the time even as they have strong capital…
Credit growth momentum may moderate to 10 pc in FY24, report suggests
India’s credit growth momentum is waning and the crucial non-food loans growth is likely to slip to 10 per cent in FY24 from more than…
aadhaar: Aadhaar-based pay must for MGNREGS wages from July 1
The central government has decided to make the Aadhaar-Based Payment System (ABPS) compulsory for settling wages under the Mahatma Gandhi National Rural Employment Guarantee Scheme…
forex: India’s forex reserves rise $1.65 billion to $586.41 billion
India’s forex reserves rose $1.65 billion to $586.41 billion for the week ended April 14, data shared by the Reserve Bank of India stated on…
RBI may hold rates again in June; monsoon, crude key
Members of India’s rate-setting panel believe that cumulative hike since last May appears sufficient for tackling inflation, increasing the likelihood the Monetary Policy Committee (MPC)…
Who’ll finance Indian infrastructure after the Adani scandal?
As the Adani Group grapples with uncomfortable scrutiny, there’s a palpable nervousness in India about what will happen next. In just over a quarter-century, the…
India GDP Growth: India’s economic growth projected to decelerate to 6% in 2023 from 6.6% in 2022: UN
By Yoshita Singh United Nations, India’s economic growth is projected to decelerate to 6 per cent in 2023 from 6.6 per cent in 2022, according…
Foreign Exchange Reserves: India’s forex reserves snap 2-week rise, down $380 million
India‘s foreign exchange reserves retreated from more than eight-month highs to $578.45 billion as of the week ended March 31, the Reserve Bank of India’s…