Keywords: Deposits
India’s central bank has brought an early end to a major foreign currency fundraising programme after stronger-than-expected inflows improved the country’s external position, while analysts warned that extending the initiative could have created new policy challenges. The Reserve Bank of......
India has secured nearly $10 billion in foreign currency inflows through a special deposit programme launched by the Reserve Bank of India (RBI), as authorities seek to reinforce foreign exchange reserves and support the stability of the Indian rupee, according to sources familiar with the matter. The......
Stablecoins, a type of cryptocurrency designed to maintain a stable value, may gradually lose their relevance in the coming years as financial systems shift toward more advanced digital alternatives, according to a Bank of England policymaker. Speaking at a conference in Dubrovnik, Croatia, Bank of......
India’s private lender RBL Bank has reported a significant increase in its quarterly profit, reflecting a strong recovery in credit demand and steady expansion in its lending activity. For the quarter ending March 31, the bank posted a net profit of 2.30 billion rupees, marking a substantial rise......
For the first time in ten years, France’s popular Livret A savings account saw more withdrawals than deposits in 2025, according to data from the Caisse des Dépôts. Net outflows totaled €2.12 billion, marking a significant shift for the long-favored savings vehicle. The Livret......
The discovery of high-grade gold veins in Guelmim, southern Morocco, marks a significant milestone in the country’s mining sector. Fieldwork has identified 34 quartz veins with exceptional gold content, positioning Guelmim as a potential hub for one of North Africa’s most promising gold deposits. High-grade......
Morocco Strategic Minerals Corporation (TSXV: MCC) has reported significant results from its July sampling program at the Tifernine Copper Project, located southeast of Ouarzazate in Morocco. The Canadian exploration company highlighted high-grade copper mineralization across multiple structures within......
Société Générale Maroc has announced nearly stable financial results as of September 30, 2024. Despite slight contractions in certain areas, the bank has demonstrated resilience and growth in key financial indicators. Credit and Deposits Performance As of the......
Marrakesh - An enduring practice within certain private health clinics in Morocco remains a subject of contention, as allegations surface that some facilities persist in requesting deposits from patients prior to treatment. Loubna Alaoui, a parliamentary advisor for the National Union of Labor Party,......
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