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Retail inflation expected to breach 6% mark in October, says UBI Report
The continued spurt in food prices and fading of the high base effect likely led to a spike in Octo…
16 million credit cards purchased in FY 2023-24, UPI payments up by 42%: PwC report
16 million credit cards purchased in FY 2023-24, UPI payments up by 42%: PwC report
India handled inflation much better than US, Germany and France: SBI Report
India has demonstrated a largely successful inflation-targeting regime compared to advanced economi…
ANI
Lower money creation by RBI, substantial rise in banks profits behind decline in loan-to-deposits ratios in banks: Nomura
One of the contributors to the decline in systemic LDR is the lower net money creation by the RBI o…
ANI
Credit growth in banks continues to exceed deposits, says new SBI report
The State Bank of India reported that credit growth in Indian banks has been consistently outpacing…
ANI
Gold medalist in central bank Olympics-All you need to know about RBI governor Shaktikanta Das
EU's Christine Lagarde, Cambodia's Chea Serey and Sweden's Erik Thedéen were amongst those receivin…
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
Rural economy is driving India's growth, Govt capex in infra will stimulate it: Anand Rathi report
The Rural economy of India has emerged as a significant driver of economic growth, outpacing urban …
ANI
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…
RBI expected to begin rate cuts in October, with two reductions this fiscal: Crisil
The Reserve Bank of India (RBI) may begin lowering interest rates around October, provided that ext…
ANI
High food prices raise concerns but improved monsoon offers hope for RBI: SBI report
Volatility in prices of food items like tomatoes, onions, and potatoes has challenged India's Monet…
ANI
Gold loan market projected to double in 5 years to Rs 14.19 lakh crore, says PwC India's report
Lenders are also expected to implement cost optimisation initiatives that will help drive up the bo…
PTI
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
Is the lending party over? The dangerous tango of Indian banks with microfinance and unsecured loans
India's microfinance and unsecured loan sector is facing a crisis with rising NPAs that threaten ov…