'Only Indian bank in Russia' is a JV between SBI, Canara Bank
As per RBI data , the Indian banks do not have any subsidiaries, branches or representative offices in the Russia-Ukraine conflict zone.
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As per RBI data , the Indian banks do not have any subsidiaries, branches or representative offices in the Russia-Ukraine conflict zone.
India's foreign exchange reserves fell to $630.19 billion in the week ending February 11 due to a sharp drop in the foreign currency assets' value
India's foreign exchange reserves rose by $2.198 billion to $631.953 billion in the week ending February 4
India's foreign exchange reserves fell by $4.531 billion to $629.755 billion in the week ended January 28 due to sharp drop in foreign currency assets
India saw more banking frauds in the first half of 2021-22 than in the same year-ago period. However, the amount involved in the frauds declined from ₹64,621 crore to ₹36,342 crore, according to the RBI’s Trend and Progress of Banking in India report. Mint takes a look: