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RBI removes informal restrictions on rupee NDF trades, says report

The RBI was at the forefront of providing stimulus to the economy last year, while the Narendra Modi-led government followed with modest fiscal steps

RBI removes informal restrictions on rupee NDF trades, says report The Indian central bank has lifted the informal restrictions on rupee non-deliverable forward trades it had placed on local banks in October, four bankers told Reuters. All banks are now back to building positions in this segment, said one of the bankers with a private sector lender. ...

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AU Small Finance Bank FD Interest rate: This bank offers up to 8.5% FD interest rate for senior citizens

AU Small Finance Bank FD Interest rate: This bank offers up to 8.5% FD interest rate for senior citizens [ad_1] AU Small Finance Bank has revised interest rates on fixed deposits and savings accounts. As per the AU Small Finance Bank website, the revised FD and savings account interest rates are effective from December 12, 2022. AU Small Finance Bank ...

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