Frankly I did not know [1] A large and rapidly growing -share of rupee trading happens off shore [2] Major Offshore Centres are Singapore and London [3] Both are beyond RBI’s regulatory reach [4] Singapore alone accounts for $57.6 billion in daily rupee trading whereas London handles about $59.9 billion compared to onshore trading volumes of $70 billion or so [5] In short off-shore trading volumes are substantially higher than on-shore volumes [6] All this means RBI cannot prevent bets agaisnt the rupee by acting only on domestic participants — [7] Other information in the article worth a read– Courtesy BL

*ऑटो-डेबिट–RBI ने ऑटो-डेबिट नियमांमध्ये केले महत्त्वाचे बदल, आता 15 हजारांपर्यंतच्या पेमेंटसाठी ओटीपीची गरजच नाही, सुरक्षा आणि फायदे जाणून घ्या-

clipped from: https://maharashtratimes.com/business/business-news/rbi-recurring-auto-payments-up-to-15000-without-otp-for-making-monthly-bills-faster/articleshow/130440016.cms एसआयपी, क्रेडिट कार्ड बिल यांसारख्या 15 हजार रुपयांपर्यंतच्या व्यवहारांसाठी आता ओटीपीची आवश्यकता भासणार नाही. यामुळे वापरकर्त्यांना कोणत्याही अडथळ्याशिवाय पेमेंट करणे शक्य होईल. भारतीय

China Gold-Silver Record Imports; चीनकडून मोठ्या प्रमाणात सोने-चांदीची खरेदी, जगात युद्ध सुरू ड्रॅगनची नवी खेळी! कुणाला फायदा, कुणाचे नुकसान? | Maharashtra Times

Clipped from: https://maharashtratimes.com/business/business-news/china-gold-silver-demand-surges-as-imports-hit-record-highs-in-march-what-should-investors-do/articleshow/130437739.cms Gold-Silver Import Record High: अमेरिका-इराण आणि रशिया-युक्रेन यांच्यातील युद्धाच्या चक्रव्यूहात जग अडकला असताना चीनने मोठ्या प्रमाणात सोने आणि चांदीच्या खरेदीचा सपाटा लावला आहे.

Bank credit to moderate, slippage rate to rise amid expected slowdown in real GDP growth in FY27: ICRA – The HinduBusinessLine

lipped from: https://www.thehindubusinessline.com/money-and-banking/bank-credit-to-moderate-slippage-rate-to-rise-amid-expected-slowdown-in-real-gdp-growth-in-fy27-icra/article70892136.ece ICRA expects credit growth to moderate to sub-12% in FY27 from the significantly higher level of 15.9% in FY26 Overall, ICRA has maintained

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