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India's forex reserves hit two-month low

India Business News: India's forex reserves fell to a two-month low of $616.10 billion on Feb 16, declining for two consecutive weeks. The RBI reported a $1.13 billion dec ....

International Monetary Fund , Reserve Bank , International Monetary , Business News , Two Month Low , Forex Reserves , Foreign Exchange Reserves ,

forex reserves: India's forex reserves dip by $1.13 bn to $616.1 bn as of Feb 16

India s foreign exchange reserves decreased by $1.13 billion to $616.1 billion for the week ending February 16, as per Reserve Bank of India (RBI) data. Foreign currency assets (FCAs) dropped by $740 million to $545.78 billion, including the effect of non-US units appreciation or depreciation. Gold reserves fell by $362 million to $47.38 billion, while SDRs decreased by $28 million to $18.11 billion. ....

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Borrowers are coming in droves, and banks are getting desperate

Bankers said they are hoping the liquidity situation improves in the coming days with the expected pickup in government spending. ....

Madan Sabnavis , Tarun Bansal , Goldman Sachs , Liquidity Crunch , Government Spending , Certificates Of Deposits ,

RBI says '@paytm' handles to migrate seamlessly from PPBL to other banks

On January 31, the RBI imposed major business restrictions on PPBL, including a bar on accepting fresh deposits and doing credit transactions after February 29. On February 16, it extended the deadline to March 15. ....

Payment Service Provider , National Payments Corporation Of India , Paytm Payments Bank , Reserve Bank , National Payments Corporation , Paytm Payments Bank ,

RBI Clears Air On Paytm UPI Handles; Says Users Can Continue Using After Migration To Other Banks

The RBI has instructed the NPCI to review the application submitted by One97 Communication Ltd. - RBI Clears Air On Paytm UPI Handles; Says Users Can Continue Using After Migration To Other Banks ....

Central Bank , Paytm Payments Bank , Communication Ltd , National Payments Corporation Of India , Party Application Provider , Payment Service Provider , Indian Bank Association , National Common Mobility Cards , Air On Paytm , Reserve Bank , National Payments Corporation , Third Party Application Provider , Payments Corporation , Settlement Systems Act , Settlement Infrastructure ,