MUMBAI, March 2 (Reuters) - India's current account deficit widened ⁠in ⁠the October-to-December quarter on the ⁠back of a higher merchandise trade deficit, the Reserve Bank of India said on Monday.
The Reserve Bank of India has amended several regulations regarding current accounts. Specifically, stricter guidelines have been issued regarding the opening and operation of current accounts. The ...
MUMBAI, Dec 11 (Reuters) - The Reserve Bank of India (RBI) on Thursday removed all restrictions on banks opening and maintaining cash credit accounts under new transaction account rules. "A cash ...
MUMBAI (Reuters) -India's current account posted a surplus for the first time in four quarters in the January-March period, helped by higher services exports, the central bank said on Friday. The ...
MUMBAI, Dec 27 (Reuters) - India's July-September current account deficit narrowed marginally from a year earlier amid a rise in services exports, the central bank said on Friday. Sign up here. India ...
New Delhi: Robust services exports and the inflow of healthy remittances from Indians working overseas will help keep India’s current account deficit (CAD) in the safe zone during financial year ...