India’s foreign exchange reserves surged by USD 15.267 billion to USD 653.966 billion by March 7, 2024, following a USD 10 billion forex swap by the RBI. Foreign currency assets and gold reserves saw significant increases, while the reserve position with the IMF decreased slightly. This marks the largest weekly rise in over two years. Post navigation IndusInd bank well-capitalised; no need for depositors to worry: RBI India sees explosive rise in illegal online Gambling, 1.6 billion visits in 3 months
