Search For "current account"
India's current account deficit narrows in July-September: RBI
Updated : 2 years, 5 months ago IST
A current account deficit is when a country's total value of imports exceeds the total value of exports. The CAD numbers are a key indicator for any economy.
Read More
Bank of Baroda Introduces the BOB Parivar Account for Savings and Current
Updated : 2 years, 5 months ago IST
Mumbai (Maharashtra) [India], December 6: Bank of Baroda (Bank), one of India's leading public sector banks, announced the introduction of the BOB Parivar Account for Savings and Current Accounts. The 'My Family, My Bank' segment, which has been launched as a part of the Bank's "BOB Ke Sang
Read More
AU Current Account: Extended Banking Hours for Empowering Business Owners
Updated : 2 years, 7 months ago IST
New Delhi [India], October 10: Running a business often means dealing with a hectic schedule and managing financial transactions beyond regular banking hours. Recognizing the needs of business owners, AU Small Finance Bank offers an exceptional solution - the AU Current Account with extended
Read More
Euro 52.7 goods trade surplus in Q2'23: EU
Updated : 2 years, 7 months ago IST
In the second quarter of 2023 (Q2'23), the European Union (EU) seasonally adjusted current account of the balance of payments recorded a surplus of Euro 73.0 billion (+1.7 per cent of GDP), compared with a surplus of EUR60.6 billion (+1.5 per cent of GDP) in Q1'23 and a deficit of Euro 32.6
Read More
India's balance of payments shows improvement in Q1: 2023-24
Updated : 2 years, 8 months ago IST
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 to USD 9.2 billion, equivalent to 1.1 per cent of GDP, showing an improvement from US$ 17.9 billion, or 2.1 per cent of GDP, in the same quarter of
Read More
AU Current Account: Streamlining Financial Operations for Businesses
Updated : 2 years, 8 months ago IST
Mumbai (Maharashtra) [India], September 25: In the ever-evolving landscape of business, the need for seamless financial operations is paramount. For enterprises ranging from large to small, AU Small Finance Bank brings a game-changing solution - AU Current Account. This versatile financia
Read More
Current account deficit financing to be easier after index inclusion: Chie
Updated : 2 years, 8 months ago IST
Nageswaran said, “The Indian government bond market is the third largest among emerging economies after China and Brazil. But we all know that the following ownership is currently less than 2 per cent, one of the lowest compared to other emerging markets”.
Read More
Ujjivan Small Finance Bank Introduces Maxima Savings Account and Business
Updated : 2 years, 8 months ago IST
Mumbai (Maharashtra) [India], September 18: Ujjivan Small Finance Bank (Ujjivan SFB), a leading small finance bank, announced the introduction of the Maxima Savings Account and Business Maxima Current Account for the premium customer segment. These new offerings aim to improve the banking ex
Read More
Open an AU Small Finance Bank Current Account Now on Bajaj Markets
Updated : 2 years, 9 months ago IST
Pune (Maharashtra) [India], August 25: Self-employed professionals and business owners can now easily open an AU Small Finance Bank Current Account online on Bajaj Markets, a subsidiary of Bajaj Finserv. While individuals can enjoy customised products catering to their business requirements,
Read More
India's Jan-March current account deficit narrows to 0.2 pc of GDP
Updated : 2 years, 11 months ago IST
India's current account deficit narrowed sharply in the January-March 2023 quarter, RBI data showed on Tuesday, attributable to a moderation in the trade deficit and robust services exports.
Read More
World Bank expects UAE's non-oil economy to grow by 4.8 pc in 2023
Updated : 3 years ago IST
In a press conference held today in Dubai to announce the new World Bank Gulf Economic Update (GEU) titled, "The Health and Economic Burden of Non-Communicable Diseases in the GCC", the bank officials said that the current account balance in the UAE is expected to rise to 11.7 per cent in 20
Read More
Daulat launches Cash+ - Its new and innovative cash-management solutions f
Updated : 3 years, 1 month ago IST
Kolkata (West Bengal) [India], April 24 (ANI/BusinessWire India): Daulat has announced the launch of Cash+ - its new and innovative cash-management solutions for SMEs/emerging corporates in India. Companies today keep substantial sums of their short-term money (<12 months) in a current accou
Read More