RBI enhances limit of maximum balance for payments banks

Apr 07, 2021

Mumbai (Maharashtra) [India], April 7 : The Reserve Bank of India (RBI) on Wednesday enhanced the maximum end-of-day balance limit for payment banks from...

India's balance of payments shows improvement in Q1: 2023-24

Sep 28, 2023

One of the standout features of India's BoP in Q1: 2023-24 was the substantial narrowing of the Current Account Deficit (CAD). The CAD decreased...

Delay in IMF review team visit increases Pakistan's balance of payments difficulties: Report

Dec 23, 2022

The visit of the IMF monitoring mission scheduled for October end has been delayed amid the differences between Islamabad's commitment to the IMF on...

India's current account deficit widens in July-September quarter: RBI data

Dec 29, 2022

India's current account balance recorded a deficit of USD 36.4 billion (4.4 per cent of GDP) in Q2 of 2022-23 (July-September), up from USD...

RBI report shows India's forex reserves cover stands at 11.2 months of imports

Oct 30, 2024

The Reserve Bank of India (RBI) in its latest report stated that the country's foreign exchange reserves cover of imports (on balance of payments...

Pakistan's foreign policy at a crossroads: ASPI

Jul 13, 2022

Canberra [Australia], July 13 : Pakistan's foreign policy is in disarray as no country has come to offer it extraordinary support amid rising inflation...