November 05, 2024 13:39 (IST)
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India's FY24 fiscal deficit at 5.6% of GDP lower than estimated 5.8%

India's FY24 fiscal deficit at 5.6% of GDP lower than estimated 5.8%

New Delhi: India's fiscal deficit for FY24 was Rs 16.54 lakh crore, below the budgetary target of Rs 17.86 lakh crore, reaching 95.3 percent of the target, according to data from the Comptroller General of Accounts released on Friday.

RBI allows banks to open current account for customers availing credit from other banks

RBI allows banks to open current account for customers availing credit from other banks

Mumbai/IBNS: The Reserve Bank of India (RBI) has allowed banks to open current accounts for borrowers who have availed credit facilities in the form of cash credit (CC)/ overdraft (OD) from the banking system.

Difference Between Current Account and Savings Account

Difference Between Current Account and Savings Account