New Delhi, June 20, 2025:In a notable financial development, Swiss Bank deposits by Indians have declined by almost 18% over the past decade, according to the latest annual data released by the Swiss National Bank (SNB). This decrease reflects a significant transformation in how Indian wealth is being managed globally, suggesting increased financial accountability and…
In a strong sign of economic resilience and global investor confidence, India’s forex reserves jumped by an impressive $5.2 billion last week. The latest figures released by the Reserve Bank of India (RBI) reveal that the country’s total foreign exchange reserves now stand at $651.5 billion, just a step away from breaching the all-time record…
In a recent positive development, Macquarie has reported that the microfinance sector in India is showing early signs of stress reduction. This signals a promising recovery path for a critical component of the country’s financial ecosystem, especially in the rural and semi-urban areas where microloans play a vital role in livelihoods and entrepreneurship. The financial…
