Search For "current account"
Neobank Chqbook collaborates with ICICI Lombard General Insurance to offer
Updated : 3 years, 2 months ago IST
Gurugram (Haryana) [India], March 21 (ANI/NewsVoir): Chqbook, India's first neobank for small business owners, has launched a specially designed "Shop Insurance Cover" for its Digital Current Account customers. This insurance solution has been designed and launched in association with ICICI
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Will Pakistan be able to avert looming recession?
Updated : 3 years, 3 months ago IST
Pakistan faces a crippling economic crisis, with decades-high inflation and critically low foreign exchange reserves depleted by continued debt repayment obligations.
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Current account deficit for first half of 2022-23 at 3.3 pc of GDP: RBI Gu
Updated : 3 years, 3 months ago IST
RBI Governor Shaktikanta Das said, "The situation has shown improvement in Q3:2022-23 (third quarter or October-December) as imports moderated in the wake of lower commodity prices, resulting in narrowing of the merchandise trade deficit."
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International Monetary Fund demands more details on Pakistan's budget
Updated : 3 years, 4 months ago IST
A government official said that the remaining loan repayment requirements and external financing of managing the current account deficit to the tune of USD 8 to USD 10 billion cannot be raised of the stalled IMF programme.
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ICICI Bank posts 34.5 pc growth in profit after tax to Rs 8,792 cr in Q3
Updated : 3 years, 4 months ago IST
The bank said the average current account and savings account (CASA) ratio was 44.6 per cent during the reviewed quarter
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World Bank slashes Pakistan GDP growth projection to 2 per cent
Updated : 3 years, 4 months ago IST
Pakistan's economic condition is precarious with low foreign exchange reserves and large fiscal and current account deficits, has further worsened by severe flooding.
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Gold: Policies to shape a new look economy
Updated : 3 years, 5 months ago IST
New Delhi [India], January 3 (ANI/Mediawire): India shares a dichotomous relationship with gold. But the yellow metal could also turn into a catalyst for economic growth. Here's how. India's mad rush for gold has been ill-defined these years. Yes, we are the nation of the land of the golden
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India's current account deficit widens in July-September quarter: RBI data
Updated : 3 years, 5 months ago IST
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 18.2 billion (2.2 per cent of GDP)1 in Q1 (April-June), RBI's balance of payments (BoP) data showed on Thursday.
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Bangladesh's current account deficit widens as imports surge: Report
Updated : 3 years, 5 months ago IST
The widening of the deficit implies that the pressure on the foreign exchange market continues to remain high, The DailyStar reported.
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IDFC First Bank, NASSCOM Centre of Excellence sign pact for innovative ban
Updated : 3 years, 5 months ago IST
A memorandum of understanding was signed between IDFC FIRST Bank and NASSCOM COE for appointing the lender as a preferred banking Partner for startups, at an event in Bengaluru, attended by startup founders.
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As economic situation looks gloomy in Pakistan, IMF advises strict measure
Updated : 3 years, 7 months ago IST
The International Monetary Fund has called on Pakistan to impose additional taxes worth PKR 600 billion
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India's foreign exchange reserves to remain robust; CAD to be contained at
Updated : 3 years, 7 months ago IST
Hong Kong, October 19 (ANI): India's external buffers appear sufficient to cushion risks associated with rapid monetary policy tightening in the US and high global commodity prices, says Fitch Ratings.
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