Banking News for March 2026
Current account deficit, not banking flaw, drives high cost of capital India’s elevated cost of capital stems primarily from macroeconomic
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CURRENT ACCOUNT
RBI sees India’s current-account deficit staying within 3% of GDP
India’s central bank expects the country’s current account deficit to stay within a limit it considers sustainable amid softening global
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RBI temporarily postpones circular on current account
RBI has deferred banks’ current account maintenance norm till December 15, from November 5, pending a frequently asked question
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