Cleaner balance sheets, regulatory support and strong growth prospects helped Indian private banks attract over $6 billion in foreign capital, with more deals expected in 2026. Illustration: Uttam Ghosh/Rediff The year 2025 turned out to be a watershed year for
India’s forex reserves dropped by $9.8 billion to $686.81 billion in the week to January 2, the Reserve Bank of India (RBI) said on Friday. Illustration: Dado Ruvic/Reuters In the previous reporting week, the forex reserves had jumped by $3.29
Private sector lender IDFC First Bank has lowered its savings account rates and introduced new slabs for small and medium balance categories, effective January 9, 2025, as per its website. Photograph: Courtesy, Wikimedia Commons The interest slabs and rates for
