India’s Q4 current account deficit narrows sharply to $1.3 bn
The sequential decline in CAD mainly on moderation in the trade deficit to $52.6 bn from $71.3 bn in the previous quarter, coupled with robust services exports
The sequential decline in CAD mainly on moderation in the trade deficit to $52.6 bn from $71.3 bn in the previous quarter, coupled with robust services exports
HDFC says the proceeds would go towards financing affordable housing loans; facility priced at a margin of 90 bps over a secured overnight financing rate
RBI says it's closely monitoring liquidity conditions in the forex market. Today, the rupee depreciated 18 paise to 79.25 against the U.S. dollar
The amount is just 0.8% and 5.8% of India’s GDP and foreign exchange reserves, respectively. And the maturity profile is reasonably spread out in FY21.