New Development Bank (NDB), a Shanghai-based multilateral bank of BRICS countries, will open its first regional office in India at Gujarat International Finance Tec-City (GIFT City) to address the country's infrastructure and sustainable development needs.
The Reserve Bank of India (RBI) in a sudden move on May 4, 2022, increased the policy repo rate by 40 basis points to 4.40 percent with immediate effect.
EXAMIANS