MUMBAI, Dec 26 (Reuters) - India's current account deficit narrowed more than expected in the July-September quarter largely due to a lower merchandise trade deficit while services exports also grew, ...
India’s current account deficit fell significantly in the second quarter of the fiscal year, driven by strong services exports and remittances, though a recent gold import surge poses a near-term risk ...
The RBI has introduced a stricter current account framework effective from 1 April 2026, tightening controls for businesses with borrowing of Rs 10 crore or more. Only lenders holding at least 10% of ...
Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but that doesn't affect our editors' opinions or evaluations. The State Bank of India, popularly SBI ...
MUMBAI: The Reserve Bank of India (RBI) on Thursday removed all restrictions on banks opening and maintaining cash credit accounts under new transaction account rules. “A cash credit account is ...
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