Tag: FCNR Deposits
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Forex Reserves: India’s Record High Explained for UPSC
Forex Reserves reach a record high, boosting India’s external shock buffer and rupee stability. Read the full UPSC analysis by Chetan Bharat Learning.
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RBI Eases Foreign Borrowing Rules for PSUs and Banks to Boost Foreign Capital Inflows
Why Is This News Important? The Reserve Bank of India (RBI) has announced new measures to encourage foreign capital inflows into the country. The central bank has eased borrowing norms for Public Sector Undertakings (PSUs) and banks, making it easier and more affordable for them to raise funds from overseas markets. The move comes at…
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