FIDC to oversee NBFCs as ‘self-regulatory body’
The Reserve Bank of India has officially designated the Finance Industry Development Council (FIDC) as the self-regulatory organisation (SRO) for Non-Banking Financial Companies (NBFCs). This ...
Forex update: Reserves fall by $3 billion to $699.736 billion in early July; foreign currency assets slip sharply
India’s foreign exchange reserves experienced a decline of $3.049 billion, reaching $699.736 billion for the week ending July 4, as per RBI data. This decrease ...
