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RBI is working on expanding UPI to 20 countries by 2028-29: RBI Annual Report

The Reserve Bank of India (RBI) along with NPCI international payments ltd (NIPL) will work towards…

ANI   


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PM Modi congratulates RBI Governor Das on A+ rating in Global Finance Report

Prime Minister Narendra Modi, on Wednesday, congratulated Reserve Bank of India's (RBI) Governor, S…

ANI   


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Loan-to-deposit ratio will subside on its own in coming months, notes Motilal Oswal report

As of 9th August, 2024 the Indian banking sector's loan-to-deposit (LD) ratio stood at 77.2 %, whic…

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Banks' gross NPAs at 12-yr low, may fall further to 2.5%: RBI report

Among bank groups, public sector banks (PSBs) recorded a substantial reduction (76 bps) in their GN…

PTI   


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5 mins read

Ahead of Dhanteras 2024, how has gold glittered so far this year?

At 24%, the yellow metal's annual return in 2024 has been nothing less than glittering. Compare thi…

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Finance minister asks for greater push and investment in the manufacturing sector at the CII Annual Summit

Finance Minister Nirmala Sitharaman asked for a greater push to manufacturing sector. Speaking at t…

ANI   


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Indian banks to have steady growth in earning over next 3-4 years, fees from unsecured lending may dip, notes Jefferies report

Jefferies reports Indian banks are poised for steady earnings and return growth over the next 3-4 y…

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Shaktikanta Das receives award for A+ grade in Central Bank Report Cards 2024 in USA

The Central Bank Report Cards, published annually by Global Finance since 1994, grade the central b…

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Office rents across all major Indian cities surpass pre-pandemic levels in 2024, notes a new report

Even within these cities, the growth of rental demand in certain micro-markets, which are located a…

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India may boost FY25 capex by 8-10% amid surging revenues and record RBI surplus, says Market Kaleidoscope report

This fiscal boost comes as India reaches a historic financial milestone. The total market capitaliz…

ANI   


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6 mins read

A Deposit Dilemma — What's the fuss about a crisis in Indian bank deposits? Are mutual fund investments to blame?

The growth rate of bank deposits in India has been slowing, largely outpaced by credit growth. But …

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2 mins read

Credit card growth experiencing a slowdown, as borrowers struggle to pay back loans

Growth in credit card spending across the system has dropped to about 13% year-on-year (y-o-y) in A…

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Simply Put: A Deposit Dilemma — What's the fuss about a crisis in Indian bank deposits? Are mutual fund investments to blame?

Indians seem to be depositing less money in banks, and everyone's blaming the stock markets. But ar…

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3 mins read

SEBI report reveals the ugly truth of F&O trading in India – 93% of retail traders incurred losses

A report by the Securities Exchange Board of India (SEBI) on the profit and losses in the equity de…