India Foreign Exchange Reserves 1998-2020 Data 2021 ...

Indian Financial Sector

Department of Financial Services (DFS) has informed that RBI is examining the priority sector lending norms for promoting export credit, Commerce and Industry Minister Piyush Goyal said.
-Economic Times
The Finance Ministry today said that it will look into the applicability of 20% tax proposed in the 2019-20 Budget on the current share buybacks by listed companies. Finance Secretary Subhash Chandra Garg, speaking at a CII event, said the proposed tax on listed companies is aimed at discouraging share buybacks and encouraging investments.
-Economic Times
The Indian Government had Rs 66,793 crore outstanding loans with the RBI under ways and means advances in the week ended July 5, according to the RBI weekly statistical supplement released today. The Central Government had Rs 6,596 crore outstanding loans in the week earlier. State governments had Rs 5,566 crore loans from the RBI in the week ended July 5, compared with Rs 1,661 crore in the previous week, the release showed.
-Economic Times
Even as the real estate industry complains of a slowdown in sales, a RBI survey has said that housing has become less affordable over the last 4 years. This indicates that developers are holding on to prices.
-Economic Times
NABARD today said it plans to raise about Rs 55,000 crore from the market in the current fiscal to fund its business growth and also support various agricultural and rural development schemes of the Government.
-Business Line
After the merger of Bank of Baroda with Dena Bank and Vijaya Bank, the amalgamated lender is focusing on integrating the sprawling technology systems of the 3 financial firms to provide a smooth customer experience. The IT heads of the 3 banks, which together have over 9,500 branches, began chalking out an integration strategy the moment the deal was announced. They, however, had some time before the required slew of approvals came in for the three-way merger.
-Economic Times
The Asian Infrastructure and Investment Bank will launch local currency financing products in India and some other countries this year to provide more options to borrowers, its president Jin Liqun has said. The multilateral development bank could start rolling out the product in pilot countries including India, Indonesia, Thailand and Russia from this month itself. It would focus on private sector clients, Jin said.
-Economic Times
SBI has waived charges on NEFT and RTGS transactions through internet and mobile banking from July 1, after the RBI decided to do away with the charges with an aim to move the country towards less-cash economy. The SBI has also decided to do away with the charges on fund transfer through mobile phones using the IMPS (immediate payment service) from August 1.
-Business Line
IndusInd Bank today reported a 38.30% year-on-year jump in consolidated profit at Rs 1,432.50 crore for the June quarter. The bank had reported a net of Rs 1,035.72 crore in the year ago period.
-Economic Times
UCO Bank is making all efforts to ensure that exporters who do business with Iran can approach its designated branches for help. The bank has increased the number of such designated branches (for doing business with Iran) from 22 to 67. It is now contemplating to set up an apex processing centre across its branch network to help exporters. “This could take another 6-7 months,” a top bank official said.
-Business Line
YES Bank as an issuing and paying agent, facilitated the issuance of a Commercial Paper of INR 100 Crores using Blockchain technology for Vedanta LTD, a natural resources conglomerate. This is the first time in Asia that a CP has been digitally issued using Blockchain technology.
-Moneycontrol.com
Axis Bank tied up with. Flipkart to launch a co-branded credit card and is aiming to sell 1 million of the new card in a year. The new co-branded card comes weeks after American lender CITI launched a similar offering by tying up with payments major Paytm.
-Economic Times
India’s industrial output growth slipped to 3.1% in May mainly on account of subdued performance of mining and manufacturing sector, according to Government data released today. The Index of Industrial Production (IIP) had expanded by 3.8% in May 2018. The index grew at 4.3% in April and 0.4% in March this year.
-Business Line
Retail inflation increased marginally to 3.18% in June over the previous month, mainly due to rise in food prices, according to official data. The retail inflation based on the Consumer Price Index (CPI) stood at 3.05% in May and and 4.92% in June 2018.
-Business Line
India's foreign exchange reserves rose to fresh record high of $429.91 billion as the country's gold and foreign currency assets increased in the week ended July 5. The forex reserves had touched record highs in the previous two weeks.
-Moneycontrol.com
The Government may approach the Ministry of Law and Justice for clarification on monitoring of the recently privatised IDBI Bank. The LIC in January 2019 acquired a 51% stake in the Bank, which reclassified it as a private sector financial institution.
-Moneycontrol.com
The NCLAT today said pension and PF that had invested in IL&FS would have top priority in payment from all categories of companies, whether classified as green, amber or red.
-Business Standard
Infosys today reported 5.2% growth in consolidated net profit to Rs 3,802 crore for the quarter ended June 30, 2019. It had posted a net profit of Rs 3,612 crore in the April-June 2018 quarter, Infosys said in a BSE filing.
-Business Line
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 -#120719 
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Reduced Repo Rate, Negative GDP Growth: Key RBI Announcements  ABP News India's Forex Reserves — $400 billion and counting RBI allows Convertible Notes Forex Robots Make More Money!? We Compare Automated ... Data Mining India’s rising forex reserves amid Covid economic crisis - The Hindu Analysis  UPSC Forex reserve: India में विदेशी मुद्रा भंडार पहली बार 500 Arab Dollar के पार  वनइंडिया हिंदी

Gold reserves remained unchanged at $22.958 billion, according to the RBI data. Special drawing rights with the International Monetary Fund (IMF) increased by $3 million to $1.456 billion. Forex reserves down by $353 mn to $541.66 bn: RBI data; Bank credit up 5.66 percent, deposits rise 10.55 percent: RBI data; Retail cheque payments down to a trickle in FY20 to 2.96%: RBI data; Bank credit rises 5.15% in fortnight ended Sept 25: RBI data; Bank credit grows 6.18%, deposits 11%: RBI data India’s foreign exchange reserves retreated from a life-time high to touch $505.566 billion in the week ended June 19, down by $2.078 billion from the previous week, according to the RBI data. RBI Bulletin. Search Archives (769 kb) India’s Balance of Payments in 2018-19: An Assessment ... the foreign exchange reserves of the country declined by US$ 3.3 billion (on BoP basis). Introduction. India’s external sector faced persistent global headwinds in 2018-19. As a result, CAD which averaged 1.3 per cent of GDP during 2013-14 to 2017-18 rose to 2.1 per cent of GDP. Trade tensions ... MUMBAI: The Reserve Bank of India's foreign exchange reserves fell by $3.5 billion in the week ending February 26. A section of the market considers FII (foreign institutional investors) outflows as the major reason for the fall in the foreign exchange reserves of the central bank. As per NSDL data, the total outflows from India has been worth almost $2 billion over the month of February. April 14, 2015 Dear All Welcome to the refurbished site of the Reserve Bank of India. The two most important features of the site are: One, in addition to the default site, the refurbished site also has all the information bifurcated functionwise; two, a much improved search – well, at least we think so but you be the judge. India’s forex reserves at a new high. K.T. Jagannathan. The foreign exchange reserves of India rose by the US $ 582 million to scale a high of $ 542.013 billion in the week ended September 4, according to data released by the Reserve Bank of India on Friday. The week ended August 28 saw the reserves surge by $ 3.883 billion to $ 541.431 billion. The foreign currency assets (FCA), a major ... Foreign Exchange Reserves in India increased to 560720 USD Million in October 30 from 560532 USD Million in the previous week. Foreign Exchange Reserves in India averaged 239317.46 USD Million from 1998 until 2020, reaching an all time high of 560720 USD Million in October of 2020 and a record low of 29048 USD Million in September of 1998. This page provides the latest reported value for ... Inching closer to its historic peak, India’s forex kitty increased by $1.68 billion to $423.55 billion for the week to June 7, RBI data showed on Friday.The foreign exchange reserves had ... Total reserves (includes gold, current US$) from The World Bank: Data

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Reduced Repo Rate, Negative GDP Growth: Key RBI Announcements ABP News

What does the RBI do with the forex reserves? Annual Subscription of Sansar DCA - https: ... Data Break 5,816 views. 7:01. The Big Picture - India's Forex Reserves & Economy - Duration: 28:20 ... Reserve Bank of India (RBI) notification of 10 January 2017 has amended the Foreign Exchange (Transfer or Issue of Security by a Person Resident outside Indi... According to RBI's weekly statistical data, the overall forex reserves increased to $501.703 billion on June 5 from $493.480 billion reported for the week ended May 29. India's forex reserves surged by $2.6 billion to reach an all-time high of $400.7 billion on account of rise in foreign currency assets, according to RBI. Learn more here: https://bit.ly/2O5HwLI Do Forex Robots make more money than manual traders? That's exactly what I discuss in this video! We Compare Automate... He also announced a cash influx of Rs 15000 for Exim Bank and at the same time, told the press that India's Forex reserve has grown by $9.2 billion dollar #ShaktikantaDas #PressConference #ABPNewsLive Data Mining Research Methodology Audio Book -- -Part 7 -This Project is undertaken by Prof. Dr. R .R. Deshpande .( Recording on 28 Sep 19 ) Research Methodol...

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