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forex reserves: India's forex reserves down by $2.8 bn to $640.33 bn as of April 19

India s forex reserves dropped by $2.83 billion to $640.33 billion as of April 19, as per the latest Reserve Bank of India data. This decline follows a previous decrease of $5.4 billion to $643.16 billion reported for the week ended April 12, 2024. Foreign currency assets (FCAs) shrank by $3.79 billion to $560.86 billion, while gold reserves increased by $1.01 billion to $56.81 billion. ....

Reserve Bank , Weekly Statistical Supplement , Forex Reserves , Foreign Exchange Reserves , Reserve Bank Of India , Gold Reserves , Forex Data ,

India's foreign exchange reserves drop to six-week low - Business & Finance

MUMBAI: India’s foreign exchange reserves fell for a second consecutive week and stood at a six-week low of $640.33. ....

International Monetary Fund , Reserve Bank , International Monetary , Tranche Position , India Rsquos Foreign Exchange Reserves , Reserve Bank Of India ,

loan offers: RBI proposes new norms for LSPs to promote transparency

LSP is an agent of a regulated entity (RE) who carries out one or more of lender s functions or part thereof in customer acquisition, underwriting support, pricing support, servicing, monitoring, recovery of specific loan or loan portfolio on behalf of REs in conformity with extant outsourcing guidelines. ....

Reserve Bank , Loan Products , Loan Offers , Digital Lending , Aggregation Services , Outsourcing Guidelines , Customer Centricity ,

Small finance banks seeking universal banking license need at least Rs 1,000-crore net worth: RBI

RBI said that listed and profitable small finance banks with gross non-performing assets ratio less than 3% for last two fiscals can apply for universal banking license. Additionally, they need to have a net non-performing assets ratio less than 1% for the last two financial years. They also need to be profitable for the last two fiscals. ....

West Bengal , Reserve Bank , Universal Banks , Small Finance Bank , Universal Banking License , Bank License ,

Commercial paper issuances touch a 4-year high of Rs 1.2 lakh crore

CP issuances are still not as high as 2018 levels when they touched ₹3.1 lakh crore in July-September, as NBFCs look for other funding avenues like securitisation, where volumes peaked in FY24 at ₹1.9 lakh crore. CPs are short-term, unsecured debt instruments issued by corporates. ....

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