State Bank of India has gotten $1.5 billion from overseas foreign-currency deposits as the RBI's subsidised hedging facility boosts returns for depositors.
The RBI proposed allowing eligible NBFCs, mortgage lenders and companies to participate in the term money market, seeking to deepen funding markets and expand short-term liquidity
Draft framework released by RBI puts responsibility for AI-driven decisions squarely with the board, holds lenders accountable for the outcomes of every model they use.
CEA Nageswaran cites broad-based recovery in consumption and investment even as RBI cuts FY27 growth forecast to 6.6% amid West Asia-related inflation risks
Bloomberg Economics had reported that the central bank likely sold gold reserves worth about $12 bn in the two weeks through May 22, while buying $7.5 bn of foreign-currency assets.
There should be a public health advisory before every World Cup knockout game in which Argentina plays. And, Lionel Messi needs to stop giving his fans panic attacks.
Rather than open offices in India, many UK firms are strengthening India teams & partnerships to meet expected demand for advice on international disputes, arbitration & regulatory matters.
Ottawa has handed over execution functions of critical defence projects to a CEO-led organisation for reducing procurement timelines and making it solely accountable for outcomes.
The Congress party’s abandonment of nationalism is the most intriguing aspect of its post-2014 politics. The real Congress was never a party of bleeding heart pacifists.
COMMENTS