indian overseas bank

In the financial landscape of Bihar, a remarkable milestone was reached as the credit-deposit ratio soared past 60.21% in FY 2025-26, reflecting vigorous economic growth and a surge in citizen confidence. This impressive jump from 44.09% in 2018-19 particularly supports vital areas such as agriculture and MSMEs.

The Indian rupee has fallen nearly 6% against the US dollar due to Middle East tensions, prompting the Reserve Bank of India to consider measures like interest rate hikes and attracting dollar inflows. Officials are exploring a foreign currency deposit scheme for NRIs and a potential sovereign dollar bond to stabilize the currency.

PM Modi has called on citizens to adopt measures aimed at conserving foreign exchange, as the surge in oil prices triggered by the Iran conflict has intensified pressure on the rupee and strained India’s foreign exchange reserves.

Madhurawada To Get Drainage, 24x7 Water Supply Under UCF Scheme

Cabinet also clears Rs 29,540 cr for infra, health, schemes

The proposal was suggested by the Reserve Bank of India and is currently under active consideration by the Finance Ministry, sources said. Talks around reducing taxes for overseas investors have accelerated amid efforts to slow the rupee’s decline, they added.

The platform has officially confirmed that Dhurandhar: The Revenge will stream in India from June 5, with a grand digital premiere on June 4 at 7 PM. While international viewers have been watching the uncensored 'Raw & Undekha' cut on Netflix since May 14, Indian fans are now equally excited about the OTT release.

Odisha government will recommend strict action against indian overseas bank-sponsored Odisha Grameen Bank officials following an inquiry into a tribal man carrying his sister's skeletal remains to a branch. Revenue Minister Suresh Pujari stated that bank staff have a responsibility to assist uneducated customers and that shirking this duty is not good governance.

Rupee depreciation is not new, what is new however is the rapid pace at which it is falling. It’s the biggest risk for India’s external sector resilience at the moment. In just over a year, the rupee has depreciated over 14%.

Gems & Jewellery Artisans, Traders, Small Retailers, Machinery Manufacturers Among Those Likely To Be Hit

Jewellery stocks saw a sharp decline on Monday. Prime Minister Narendra Modi appealed to citizens to reduce gold purchases. This call aims to preserve foreign exchange reserves. Major jewellery companies experienced significant drops in their share prices. Investors reacted quickly to the potential demand impact. Indian equities opened lower amid global concerns.