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Banking Finance – News, Articles, Statistics, Banking Exams, Banking Magazine

Banking Finance – News, Articles, Statistics, Banking Exams, Banking Magazine

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Forex

April 2024 Banking Finance Year 2024 Industry News 

India’s forex reserves jump $6.55 billion to $625.63 billion

April 16, 2024 admin 0 Comments billion, Forex, India, reserves

India’s forex reserves surged $6.55 billion to $625.626 billion during the week ended March 1, according to the latest RBI

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Banking News 

Credit card spend in forex to come under LRS, and taxed 20%

July 31, 2023 admin 0 Comments credit card, Foreign Exchange Management, Forex, Liberalised Remittance Scheme (LRS), Tax Collected at Source (TCS)

The Central Government, in consultation with the Reserve Bank of India, in a notification amended rules under the Foreign Exchange

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RBI NEWS 

RBI’s forex reserve surges

December 17, 2022 admin 0 Comments Forex, RBI's, reserve, surges

Foreign exchange reserves showed a stellar $14.7 billion surge in the week ended November 11, according to data released by

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RBI NEWS 

RBI releases ‘alert list’ of 34 entities barred from forex trades

November 17, 2022 admin 0 Comments entities, Forex, rbi, releases, trades

After receiving repeated enquiries on the authorisation status of certain electronic trading platforms for foreign exchange transactions, the Reserve Bank

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RBI NEWS 

RBI releases ‘alert list’ of 34 entities barred from forex trades

November 12, 2022 admin 0 Comments entities, Forex, rbi, trades

After receiving repeated enquiries on the authorisation status of certain electronic trading platforms for foreign exchange transactions, the Reserve Bank

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Industry News 

Forex reserves shrink $ 1.4 bn to $ 632 bn

April 21, 2022 admin 0 Comments Forex, reserves, shrink

India’s forex reserves declined by $1.4 billion to $631.5 billion for the week ended in February 25 due to a

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Reserve Bank Corner 

Forex reserves jump by $2.76 bn to $632.95 bn: RBI data

March 7, 2022 admin 0 Comments Forex, RBI data, reserves

The country’s foreign exchange reserves increased by USD 2.762 billion to USD 632.952 billion for the week ended February 18

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Industry News 

Indians paid Rs.9,700 crore in hidden forex fees

January 13, 2022 admin 0 Comments fees, Forex, Indians

Indians paid nearly Rs.9,700 crore in the form of fees hidden in inflated exchange rates while making remittances in 2020.

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Industry News 

Forex kitty swells $1.9bn to $642bn

December 20, 2021 admin 0 Comments Forex, kitty swells

India’s forex reserves have increased by USD 1.919 billion to USD 642.019 billion for the week ended October 29 on

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Banking Finance Journal

Recent Posts

  • How Corporate Governance and Risk Management Work Together
  • Introduction to Enterprise Risk Management (ERM) in the Public and Nonprofit Sectors
  • Emerging Risks in 2025: What Corporate Leaders Must Prepare For
  • Applying SWOT in Risk Planning – A Forward-Looking Framework for Uncertainty Management
  • Using PESTLE Analysis for Strategic Risk Assessment – A Boardroom Approach to Macro Risk

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The portal  bankingfinance.in has been sponsored by The Insurance Times Group.  The group ventured to publish the first monthly journal on Insurance in India in the year 1981 which is still is the most widely read Insurance Journal in India.  In the year 1988 we published Banking Finance an exclusive journal on Banking and Finance Segment.  Since then we have covered many milestones and our readership is growing from strength to strength.

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