According to the official statement issued by the bank, the bonds were issued under SBI’s MTN Programme and will be listed on Singapore SGX and the India INX, Gift City
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In the context of the recent banking sector instability in the US and Europe, Governor said that there is now a renewed focus on issues of financial resilience and stability.
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Regulators and governments across the world are now looking at these aspects with greater intensity, Das says
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Rupee Vostro Account (RVA) reduces the foreign currency exchange risk for Indian exporters and importers and according to the bank, more than 100 RVAs of correspondent banks located in 29 countries
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According to industry stakeholders, the RBI's long-awaited modification now puts the IFSC on a level with other jurisdictions in terms of remittances
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Gross non-performing assets, however, increased to Rs 5,826.27 crore in Q4 from Rs 5517.15 crore in the March 2022 quarter
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During a recent event, the union finance minister Nirmala Sitharaman had marked that while there is currently no proposal to regulate "influencers," but noted that a word of caution is essential
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In the note, Standard Chartered analyst Geoff Kendrick said that the collapse of Silicon Valley Bank (SVB) and other mid-tier banks in the US has made a case for Bitcoin as “decentralised, trustless and scarce digital asset”
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