India’s central bank is accelerating the return of gold held overseas, aiming to strengthen reserves and fortify economic stability, Bloomberg reports. This decisive move underscores a strategic effort to protect financial security amid a rapidly shifting global environment
India’s RBI is gearing up to roll out fresh limits on banks’ exposure to capital markets and acquisition financing, aiming to tighten risk controls and strengthen financial stability, Reuters reports. Stay tuned for the latest updates!
India’s foreign exchange reserves have surged to $676.3 billion, according to the central bank governor, reflecting a robust external position. This increase highlights the country’s resilience amid global economic uncertainties, bolstering confidence in the Indian economy.
