by OverviewFX | Sep 7, 2024 | Industry
India’s ambition to achieve a $30 trillion GDP by 2047 will require a 20 times growth in the financial services sector, with banks playing a pivotal role, a report released by Boston Consulting Group (BCG) in association with FICCI and Indian Banks’ Association...
by OverviewFX | Sep 7, 2024 | Industry
Infra lender National Bank for Financing Infrastructure and Development (NaBFID) has said that lack of data on the sector is making it difficult for them to convince the regulator about the need for higher provisioning for project loans in the sector.”For...
by OverviewFX | Sep 7, 2024 | Industry
Union finance minister Nirmala Sitharaman Thursday said there was no “friction” in the ties between the Centre and states over Goods and Services Tax and emphasised that the federal structure in this economic reform should be respected.”I completely...
by OverviewFX | Sep 6, 2024 | Industry
NewsVoirBengaluru (Karnataka) [India], September 6: The Indian Venture & Alternate Capital Association (IVCA), the apex industry body for the alternate capital ecosystem in India, successfully hosted the Bharat Vapsi: Navigating Regulatory and Investment...
by OverviewFX | Sep 6, 2024 | Industry
The Banking, Financial Services, and Insurance (BFSI) sector has been a crucial driver of economic growth and financial inclusion in India. Through initiatives like the Pradhan Mantri Jan Dhan Yojana (PMJDY), the sector has successfully brought 230 million people...
by OverviewFX | Sep 6, 2024 | Industry
India’s forex reserves jumped $2.3 billion to a fresh all-time high of $ 683.99 billion for the week ended August 30, the Reserve Bank of India (RBI) on Friday.Earlier, reserves expanded by $7.02 billion to an all-time high of $681.69 billion for the week ending...