Indian central bank likely intervened to halt rupee's decline, traders say
The Indian central bank likely intervened to support the rupee after it dropped past 87 per U.S. dollar on Tuesday due to ...
India's central bank relaxes certain norms for urban co-operative banks
India's central bank on Monday revised certain norms for urban co-operative banks (UCBs), with a view of providing them with ...
SBI 3-year FD vs Central Bank of India 3-year FD: What will be monthly and quarterly payouts on Rs 5,00,000 investment in each fixed deposit scheme?
Fixed deposit investment provides return on the maturity of FD, but if they want, they can opt for monthly and quarterly ...
RBI reduces risk weights on bank loans to NBFCs, MFIs
The central bank has restored the risk weights on bank loans to NBFCs to the levels before they were hiked in November 2023.
IDBI, Central Bank to IOB: PSU Bank shares edge higher after THIS divestment update
Several PSU bank stocks, such as IDB Bank, Central Bank of India, and Indian Overseas Bank, showed gains in morning trade on ...
India’s Economic Growth Set to Pick Up Pace, Central Bank Says
India’s economy has recovered its lost momentum and consumption demand may improve on the back of moderating inflation and ...
UCO Bank, IoB, Central Bank, Punjab & Sind Bank shares surge up to 4% on stake sale reports
According to reports, the Department of Investment and Public Asset Management has invited bids from merchant bankers to ...
India Cancels $3 Billion of Treasury Bill Sale Amid Tight Cash
India’s central bank did not accept any bids for 91 and 182-day treasury bills in an auction Thursday amid a cash squeeze in the nation’s banking system.
Banking Central | India needs a much higher deposit insurance for its bank customers
The insurance framework should have a higher coverage threshold, a risk-based premium structure and a mechanism to ensure ...
India's inflation cools to lower-than-expected 4.31% in January
This could clear the way for another rate cut by the Reserve Bank of India, which slashed rates from 6.5% to 6.25% after its ...
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India bought 19% of Mozambique exports by September – central bank
India was the country that bought the most from Mozambique in 2024, until September, totalling US$1.166 billion (€1.113 billion), equivalent to 19% of Mozambique's exports. According to data from a ...