Search For "current account"
Indore Police bust gang involved in bank fraud, six including three bank e
Updated : 1 year, 4 months ago IST
Indore police have busted a gang involved in withdrawing money from customers' current accounts at a private bank by committing account fraud. Six people, including three employees of the bank, were arrested, officials said on Wednesday.
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India's CAD to remain elevated in FY26 also due to stringent global trade
Updated : 1 year, 5 months ago IST
India's current account deficit (CAD) is expected to remain elevated in FY26 due to stringent global trade policies, according to a report by JM Financial.
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India's CAD projected at 1 pc of GDP for FY2025: CRISIL Report
Updated : 1 year, 5 months ago IST
India's current account deficit (CAD) remained largely stable at USD 11.2 billion, or 1.2 per cent of GDP, in the second quarter (Q2) of fiscal 2025, compared with USD 11.3 billion (1.3 per cent of GDP) in the same period last year.
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India's CAD likely to stay at 1.1 per cent of GDP in FY25: ICICI bank repo
Updated : 1 year, 5 months ago IST
India's Current Account Deficit (CAD) is expected to remain at 1.1 per cent of the Gross Domestic Product (GDP) in the financial year 2024-25 (FY25), according to a report by ICICI Bank.
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If FPIs outflows remain constant, India's BoP will be neutral for FY25: Re
Updated : 1 year, 5 months ago IST
India's current account deficit (CAD) widened slightly to USD 11.2bn (1.2% of GDP) in Q2 from USD 10.2bn (1.1% of GDP) in the previous quarter. However, there was a Balance of Payments (BoP) surplus of USD 23.8 billion was there in the first half (H1).
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India's CAD likely to exceed 2 pc of GDP in Q3 FY25 amid gold import surge
Updated : 1 year, 5 months ago IST
Resilient services exports and remittance inflows are likely to cushion the overall impact, keeping the CAD for FY25 within a manageable range of 1.2 per cent-1.5 per cent of GDP.
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IDFC FIRST Bank Elevates Customer Experience with India's First AI-Powered
Updated : 1 year, 5 months ago IST
Mumbai (Maharashtra) [India], December 7: IDFC FIRST Bank has unveiled the first-of-its-kind AI-powered holographic digital avatar of the country's most celebrated and legendary actor Amitabh Bachchan, setting a new benchmark in customer engagement and digital innovation. The Holographic Ext
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IDFC FIRST Bank Elevates Customer Experience with India's First AI-Powered
Updated : 1 year, 5 months ago IST
Mumbai (Maharashtra) [India], December 6: IDFC FIRST Bank has unveiled the first-of-its-kind AI-powered holographic digital avatar of the country's most celebrated and legendary actor Amitabh Bachchan, setting a new benchmark in customer engagement and digital innovation. The Holographic Ext
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India's current account deficit to remain manageable in FY25, Rupee to rem
Updated : 1 year, 6 months ago IST
India's current account deficit (CAD) will remain within a manageable range for both FY25 and FY26, largely due to muted oil prices that are expected to support the country's external financial position, projected a recent report by Bank of Baroda.
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India's services exports rise 9.8 pc to USD 180 billion in FYTD25: Bank of
Updated : 1 year, 7 months ago IST
The current account deficit (CAD) for FY25 is expected to remain within 1 per cent to 1.2 per cent of GDP. Stable Foreign Direct Investment (FDI) flows and strong Foreign Portfolio Investment (FPI) inflows, driven by favorable interest rate differentials and policies aimed at integrating Ind
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Business Banking Services for Small Businesses: All You Need to Know
Updated : 1 year, 8 months ago IST
New Delhi [India], October 5: Navigating the world of business banking can be overwhelming for small business owners. From managing daily transactions to planning for long-term growth, having the right banking services can significantly impact your business's success. In this guide, we'll ex
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Government will have to increase the speed of Capex expenditure to meet ta
Updated : 1 year, 8 months ago IST
The central government will have to increase the speed of spending capital expenditure by 41 per cent in the remaining months of this fiscal year to meet the capital expenditure growth targets.
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