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ADB hints at providing USD 2.5 billion loan to cash-strapped Pakistan

ADB hints at providing USD 2.5 billion loan to cash-strapped Pakistan

The Asian Development Bank (ADB) has indicated that it will provide USD 2.5 billion in additional loans to Pakistan, including USD 1.5 billion before the end of this year, to help the cash-starved country which is in dire need of foreign assistance due to its depleting forex reserves and growing repayments and import financing requirements. [...]
Pakistan’s foreign exchange reserves plunge to lowest level since Dec 2019: Report

Pakistan’s foreign exchange reserves plunge to lowest level since Dec 2019: Report

Cash-strapped Pakistan's foreign exchange reserves have dropped to their lowest level since December 2019, owing to an increase in current account and trade deficits, higher external debt payments and dried dollar inflows, according to a media report on Friday. As per data from Pakistan's central bank, inflows clocked in at USD 16.4 billion in the [...]

SBI DIRECT EXCHANGE RATES

MUMBAI, MAY 11 (PTI) FOLLOWING ARE THE DIRECT RATES OF EXCHANGE (DPE) AS ANNOUNCED BY THE STATE BANK OF INDIA HERE TODAY. ( ALL RATES IN RUPEES PER UNIT ).CURRENCY TTBUY TTSEL BILLBUY TTSEL CODE USD/INR 76.45 77.95 76.39 78.12 EUR/INR 79.97 82.75 79.90 82.92 GBP/INR 93.77 96.79 93.69 96.99 JPY/INR 58.30 60.15 58.25 60.28 [...]
Pakistan’s foreign exchange reserves plunge to lowest level since Dec 2019: Report

SBI DIRECT EXCHANGE RATES

FOLLOWING ARE THE DIRECT RATES OF EXCHANGE (DPE) AS ANNOUNCED BY THE STATE BANK OF INDIA HERE TODAY. ( ALL RATES IN RUPEES PER UNIT ). CURRENCY TTBUY TTSEL BILLBUY TTSEL CODE USD/INR 76.65 78.15 76.58 78.32 EUR/INR 79.98 82.77 79.91 82.94 GBP/INR 93.63 96.68 93.54 96.88 JPY/INR 58.19 60.03 58.14 60.15 CHF/INR 76.73 79.47 [...]

SBI-DIRECT EXCHANGE RATES

MUMBAI, MAY 9 (PTI) FOLLOWING ARE THE DIRECT RATES OF EXCHANGE (DPE) AS ANNOUNCED BY THE STATE BANK OF INDIA HERE TODAY. ( ALL RATES IN RUPEES PER UNIT ).CURRENCY CODE TTBUY TTSEL BILLBUY TTSEL USD/INR 76.65 78.15 76.58 78.32 EUR/INR 79.98 82.77 79.91 82.94 GBP/INR 93.63 96.68 93.54 96.88 JPY/INR 58.19 60.03 58.14 60.15 [...]

Federal Bank books highest quarterly net profit at Rs 540.5 cr on falling NPAs

Mumbai, May 6 (PTI) Federal Bank on Friday reported its highest quarterly net profit at Rs 540.54 crore for the March 2022 quarter, up 13.13 per cent year-on-year, on improved asset quality and higher loan sales.The Kochi-based bank also guided towards 15 per cent asset growth and matching deposit mop-up this fiscal despite the end [...]

SBI-DIRECT EXCHANGE RATES

MUMBAI, MAY 6 (PTI) FOLLOWING ARE THE DIRECT RATES OF EXCHANGE (DPE) AS ANNOUNCED BY THE STATE BANK OF INDIA HERE TODAY. ( ALL RATES IN RUPEES PER UNIT ).CURRENCY CODE TTBUY TTSEL BILLBUY TTSEL USD/INR 75.88 77.38 75.82 77.54 EUR/INR 79.37 82.11 79.31 82.27 GBP/INR 93.29 96.31 93.22 96.50 JPY/INR 57.80 59.65 57.75 59.76 [...]

RBI-MONEY MARKET OPERATION

MUMBAI, May 6 (PTI) Money Market Operations as on April 5, 2022 (Amount in ₹ crore, Rate in Per cent) MONEY MARKETS@ Volume Weighted (One Leg) Average Rate RANGE A. Overnight Segment 481,571.08 4.14 2.30-6.15 I. Call Money 13,135.56 4.06 2.30-4.35 II. Triparty Repo 326,148.95 4.14 3.75-4.22 III. Market Repo 142,211.57 4.12 3.00-4.35 IV. Repo [...]

ABB India’s PAT More Than Doubles to INR 370 Crores Year-on-Year in Q1 CY2022

Solid performance in an uncertain environment Bengaluru, Karnataka, India – Business Wire India Q1 2022 HIGHLIGHTS • Strong growth in orders (26%) and revenue (21%) • Emerging sectors & core sector recovery create momentum • Capacity utilization & operation efficiencies yield traction in profit • Published the first Business Responsibility and Sustainability Report (BRSR) 2021 [...]
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