The State Bank of India has raised $1 billion from Japan Bank for International Cooperation (JBIC) to extend loans to supply chain of Japanese automobile industry in India.
The India has slipped 28 places to rank 140th among 156 countries in the World Economic Forum's Global Gender Gap Report 2021, becoming the third-worst performer in South Asia.
The India's current account swung to a deficit for the first time in the current fiscal, with the gap coming at $1.7 billion or 0.2 per cent of the GDP in the December quarter.