The removal of India’s ₹2,000 banknotes from circulation is expected to increase liquidity in the nation’s banking system and result in a decline in borrowing rates for government and corporate entities. The Reserve Bank of India said there is around INR3.62tn ($49bn) worth of the banknotes in circulation as of the end of next March.
Moody’s upgrades outlook for Bharti Airtel to Positive on improved finances
Moody’s upgraded Bharti Airtel’s outlook to ‘positive’ on improved financials and market share gains. They may raise the rating if profitability increases and regulations remain
January 22, 2025