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India's forex reserves at record high of USD 675 billion, external sector resilient: RBI Governor Shaktikanta Das

The previous all-time high for the kitty was USD 670.857 billion on July 19 this year, and the last…

PTI   


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2 mins read

Banks must allow retail borrowers to switch between fixed and floating rates: RBI

Reserve Bank of India on Friday said regulated entities (REs) have the freedom and they must offer …

ANI   


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2 mins read

Vedanta Resources pays $400 million debt, borrowings down to $6.4 billion

Vedanta's gross debt as of today stands at USD 6.4 billion, down from USD 6.8 billion at the end of…

PTI   


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3 mins read

India's external debt of $620bn is sustainable: Finance Ministry report

In a recent report, the Department of Economic Affairs said the country's external debt continue…

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1 min read

India's external debt rose 8.2% in 2021-22 to $620 billion

India's external debt rose by 8.2 per cent to stand at $620.7 billion on March 31, 2022, compared t…

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2 mins read

India just made it easier for companies to borrow money from overseas

In addition to banks and financial institutions, all companies that are eligible for forei…

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3 mins read

RBI's moves to boost forex inflows could have an impact on domestic borrowing rates

Reacting to RBI's moves on Wednesday, Emkay Global in a report said: "While these measures to boost…

Ayelet Sheffey   


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SBI cuts external benchmark-based rate by 25 bps

Mumbai, Dec 30 () The country's largest lender State Bank of India on Monday announced a 25 basis p…

PTI   


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SBI passes on entire repo rate cut to borrowers

It allowed a repayment moratorium for three months on all term loans outstanding as on March 1, 20…

PTI   


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World's poorest countries witness 9.5% increase in external debts, says World Bank

The total external debt of the world's poorest countries increased by 9.5 per cent to a record $744…

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2 mins read

Banks not passing lower rate benefits to borrowers, developers: CREDAI to RBI

"While the RBI has reduced 2.50 per cent in repo rates since January 2019, the maximum reduction p…

PTI   


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SBI passes on entire 75 bps repo rate cut to borrowers

The new rates, to be effective from April 1, will be applicable for its borrowers availing loans b…

PTI   


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3 mins read

RBI blasts CRAs for allowing 'rating shopping' to large borrowers

This implies that these investors must be adopting additional credit screening mechanisms apart fro…

PTI   


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Instagram is testing disappearing messages - it's the latest example of the app borrowing ideas from Snapchat

The disappearing chat function was discovered by hacker Jane Manchun Wong, who regularly unearths p…

Aaron Holmes   


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Indian cos' foreign borrowings down 45 pc to USD 2 bn in Dec'19

The borrowers taking the automatic route of ECB included HPCL-Mittal Pipelines (USD 262.5 million)…

PTI