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PSU Banks: Psu Banks Outdo Private Peers Due To Govt Biz: S&p | Mumbai News

Mumbai: Public sector banks have outperformed private counterparts in the equity market during fourth quarter of FY24 as they gain from govt projects,.

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Reserve Bank leads surge in gold reserves amid global central bank slowdown

India Business News: Central banks, led by RBI, aim to hedge economic uncertainties by bolstering gold reserves. Despite a slowdown in February, the trend remains strong,

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India's Reserve Bank leads surge in gold reserves amid global central bank slowdown

India's Reserve Bank leads surge in gold reserves amid global central bank slowdown
bignewsnetwork.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bignewsnetwork.com Daily Mail and Mail on Sunday newspapers.

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Reserve Bank of India leads surge in gold reserves amid global central bank slowdown

Despite a slower pace in February, central banks like India's RBI are dedicated to strengthening gold reserves as a hedge against economic uncertainties, with an eye on diversifying forex reserves.

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India's Reserve Bank Leads Surge In Gold Reserves Amid Global Central Bank Slowdown | Economy News

While India remains a significant player in the global gold market, other central banks also contributed to the accumulation in February.

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RBI's Increase In Gold Reserves Outpaces Global Central Bank Trends

According to a report from the World Gold Council, global central banks collectively added a net of 19 tonnes of gold to their reserves in February. This marks the ninth consecutive month of growth, although it represents a significant slowdown from January, with a 58 per cent decrease in net purchases.
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Vietnam's consumer gold demand down in 2023

Vietnam saw a drop in overall consumer gold demand last year.

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Central Banks' Appetite for Gold is Skyrocketing

In 2023, global gold demand reached an all-time high, fueled by central bank purchases and investment in bars and coins, amidst economic uncertainty and high gold prices.

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World Gold Council: "Blistering Central Bank Buying" Fuels Strong Gold Demand

World Gold Council: "Blistering Central Bank Buying" Fuels Strong Gold Demand Via SchiffGold.com, Total gold demand hit an all-time high in 2023, according to…

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VN's consumer gold demand impacted by global economic trends in 2023

Việt Nam saw a slight drop in overall consumer demand, down 6 per cent year-on-year, from 59.1 tonnes in 2022 to 55.5 tonnes in 2023.

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