SBI's $6 Billion FX Haul: State Bank of India has raised over $6 billion through RBI's FCNR-B route, leveraging June policy measures, and expects $10-15 billion in total inflows — a massive liquidity injection for the banking system.
Patanjali Enters Insurance: IRDAI clears Patanjali and DS Group's ₹4,500 crore acquisition of Magma General Insurance, marking Baba Ramdev's biggest diversification beyond FMCG into financial services.
