Amidst escalating trade tensions initiated by the US, European corporations are strategically diversifying their banking relationships, shifting away from Wall Street giants. This shift has proven beneficial for leading European banks, which are actively securing additional business.
RBI eases restrictions on cash credit accounts, eases current account norms
The Reserve Bank of India has lifted all restrictions on banks opening and maintaining cash credit accounts, offering greater flexibility for short-term working capital loans.
December 11, 2025