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RBI sold $20 billion forex in November, ‘room to sell $138 billion more’
- staff
- January 19, 2025
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In November, the RBI sold $20 billion from its forex reserves to stabilize the rupee. Nomura observes that the central bank has sold $89.4 billion […]
Diwali 2024 bank holidays: Are banks closed on October 31 or November 1? Full state-wise Diwali bank holiday list
Diwali 2024 bank holidays full list: Bank holidays for Diwali in 2024 vary across Indian states. Diwali, also known as Deepavali, is a Hindu festival […]
Market correction will get deposits back to banks: SBI
SBI Managing Director Ashwini Tewari foresees a correction in equity markets aiding banks in regaining deposits. He notes that SBI is emphasizing small-ticket Jan Dhan […]