India's outward FDI surges to $3.91 bn in March: RBI
Equity commitments more than doubled to $2.03 billion in March 2024 from $758.22 million in March 2023, surpassing the $616.46 million recorded in February 2024.
Equity commitments more than doubled to $2.03 billion in March 2024 from $758.22 million in March 2023, surpassing the $616.46 million recorded in February 2024.
Applies to all new retail and MSME term loans sanctioned from October 1 onwards.
Value of mobile wallet transactions in India reached ₹208.25 lakh cr in 2023, with a CAGR of 72.1% between 2019 and 2023
The RBI also announces its approval for the investment and trading of Sovereign Green Bonds at the IFSC in Gandhinagar
RBI also allows UPI access for prepaid payment instruments via third-party applications
The strong growth momentum, together with our GDP projections for 2024-25, give us the policy space to unwaveringly focus on price stability, says Shaktikanta Das
GDP growth for the current financial year 2024-25 is projected at 7%
RBI says the regulatory framework for ETCDs has remained "consistent" over the years and that there is no change in the RBI’s policy approach
The final HSBC India Services Purchasing Managers' Index (PMI), compiled by S&P Global, climbed to 61.2 last month, surpassing February's 60.6 reading.
Non-bank micro credit lenders have widened their lead over banks with 39% market share.