RBI data says that week ending November 6th has shown a record jump in India’s forex reserves. RBI has said that this jump can be attributed to an increase in foreign current assets (FCAs).
RBI also said that gold reserves saw a $1.328 billion gain to end the week at $37.587 billion.
The Reserve Bank of India (RBI) has permitted all registered non-banking finance companies (NBFCs) to enter into tie-ups with commercial banks and co-lend loans to the priority sector. Under this newly revised guideline called 'Co-Lending Model’, all NBFCs shall be required to retain a minimum of...
Remember the April circular from The Reserve Bank of India (RBI) barring Indian banks from dealing with crypto-currency exchanges? Not much of a dead-end for players who prefer back-end tunnels like conversion to crypto-to-crypto trading platforms or hopping overseas (like Singapore or Estonia)...
