RBI: Bank credit growth accelerates to 14 per cent in Q1 despite rise in lending rates
It should be noted that the RBI began raising interest rates in early May in response to the runaway inflation.
Source: dnaindia.com
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India's forex reserves drop by $2.23 billion, hit lowest level in 2 years
India foreign exchange (forex) reserves dropped by $2.234 billion to $550.871 billion for the week ended September 9, the lowest level in two years, the Reser
Source: sierraleonetimes.com
India's forex reserves drop by $2.23 billion, hit lowest level in 2 years
India foreign exchange (forex) reserves dropped by $2.234 billion to $550.871 billion for the week ended September 9, the lowest level in two years, the Reser
Source: newzealandstar.com
India's Forex Reserves Dip by $7.94 Billion; Hit the Lowest Level in 23 Months
As per the Reserve Bank of India's weekly statistical supplement, foreign currency assets, which are the biggest component of the forex reserves, dropped by $6.527 billion to $492.117 billion during the week ended September 2. India's Forex Reserves Dip by $7.94 Billion; Hit the Lowest Level in 23 Months.
Source: latestly.com
India's external debt not a cause to worry: Experts
Of $620.7 billion, $490 billion is non-government and the share of government is only $130.8 billion, said experts.
Source: ibtimes.co.in