India's forex reserves climb nearly $1 billion to $672.5 billion

India's forex reserves hit record $729.3 billion on strong foreign inflows

India's foreign exchange reserves rose by $12.4 billion to a record $729.3 billion in the week ended August 21, supported by strong overseas inflows following RBI measures to attract foreign capital. The higher reserves give the RBI greater room to support the rupee amid elevated crude oil prices and global uncertainties. 25 days ago
No material concerns, HDFC Bank has sound financials: RBI

HDFC Bank faces class-action lawsuit in US, shares decline

HDFC Bank is facing a federal securities class-action lawsuit in New York over allegations that it disguised around Rs 45 crore in differential interest payments to Maharashtra State Road Development Corporation (MSRDC) as marketing expenses. 26 days ago