The RBI's informal communication to local bankers is a step back from the directions it issued in June 2020, when it allowed banks operating from the International Financial Services Centre Banking Units to trade in the NDF segment.

Debt funds are mutual funds that predominantly invest in debt related instruments and fixed income securities. The investment objective of debt funds is to offer stable income and capital protection to its investors

Return on assets for foreign banks in India at 5.8 per cent in 2021-22, though lower than previous year’s 6.6 per cent, it was higher than that for overseas branches of Indian banks at 1.6 per cent in 2021-22, according to the results of 2021-22 round of the survey on International Trade in Banking Services.

A regulatory sandbox is a highly controlled environment provided by the central financial body to fintechs/financial institutions to test out newer concepts and innovations before launching to the majority of the public.

All mutual funds have some kind of investment risks and hence, investors must consult their financial advisor to make an investment decision based on their risk tolerance.

TransUnion CIBIL, in collaboration with data analytics provider SatSure, has launched the CIBIL Credit and Farm Report (CCFR). This solution will help lenders to improve the flow of credit to the agricultural sector using data oriented and digital credit assessment capabilities. It offers an ecosystem for agricultural financing and policy making besides helping regulators, policy institutions for growth and financial inclusion in the agricultural sector.

Index funds are best option for investing for long term wealth creation. Read to know more

Systematic Investment Plan is the best way to invest in a mutual fund. Here's why

Mutual funds are identified as short term and long term for capital gains tax purposes. Read to know more if equity funds are short term or long term investments