Browsing: Reserve Bank of India

The Reserve Bank of India has granted in-principle approval to Emirates NBD Bank PJSC to establish a wholly owned subsidiary in India, the central bank announced on Monday.

In a significant policy shift, the Reserve Bank of India (RBI) is actively promoting the…

Indian Business and Professional Council (IBPC) Dubai, along with representatives from the National Payments Corporation of India and the Reserve Bank of India, showcased significant advancements in digital payments and currency settlement mechanisms at a recent conclave in their efforts to enhance economic collaboration and facilitate seamless cross-border transactions.

The Tata Group, boasting numerous prominent entities on Indian indices such as Tata Motors and TCS, is anticipated to introduce several additional IPOs within the next 2-3 years. This development arises as Tata Sons, its holding company, faces a looming deadline for its own IPO.

India’s reserve of foreign currency surged by $10.470B to reach $636.095B by the week ending on March 8, as per the most recent data disclosed by the Reserve Bank of India (RBI).

Country’s GDP to grow 9.2% in fiscal year ending March 2022, first official estimate shows.…

The Indian rupee declined five paise to 74.17 against the US dollar (20.20 versus the…