The tale of India’s forex reserves
In the week ended October 4, India’s forex kitty swelled to an all-time high of $437.8 billion. In the 471 weeks from October 2010, it has crossed the $400-billion mark 81 times.
In the week ended October 4, India’s forex kitty swelled to an all-time high of $437.8 billion. In the 471 weeks from October 2010, it has crossed the $400-billion mark 81 times.
Based on the Bimal Jalan committee recommendations, the central bank decides to transfer ₹52,637 crore of excess provisions, apart from ₹1,23,414 crore of surplus for FY19.
The story behind Urjit Patel’s resignation.