Deposits in Jan Dhan accounts cross Rs 80,000 crore

India's financial inclusion efforts have won recognition from the World Bank.

Probability of RBI rate hike has increased, say experts

The minutes of the RBI's monetary policy committee (MPC) are 'hawkish' and indicate a hike in key policy rates.

The impact of an all-out trade war would hit poor countries.

Report states that about 51.4 crore accounts have been opened globally from 2014 to 2017.

The flow of funds from non-bank sources to the corporate sector has also been rising.

The cash crunch has eased slightly on Thursday as around 86 per cent of the ATMs were functioning across the country.

During the previous MPC meeting, only one member was in favour of a rate hike while others favoured a neutral stance.

Privatisation of PSBs as private banks had not shown any ‘exceptional performance' in many countries.

Government will also likely want the RBI to accumulate forex reserves to maintain a stable INR.

The new partnership will seek to improve the accessibility of trade for businesses in both countries.