Let us now turn to the current account boosters. For Q2FY26 services trade surplus at $50.90 Billion was 14.4% higher than in Q2FY25. Secondary income, representing remittances from abroad, is higher ...

MUMBAI, Dec 26 (Reuters) - India's current account deficit narrowed more than expected in the July-September quarter largely due to a lower merchandise trade deficit while services exports also grew, ...

The RBI has introduced a stricter current account framework effective from 1 April 2026, tightening controls for businesses with borrowing of Rs 10 crore or more. Only lenders holding at least 10% of ...

Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but that doesn't affect our editors' opinions or evaluations. The State Bank of India, popularly SBI ...

MUMBAI: The Reserve Bank of India (RBI) on Thursday removed all restrictions on banks opening and maintaining cash credit accounts under new transaction account rules. “A cash credit account is ...