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3 mins read
SBI report dismisses bank deposit concerns as a 'Statistical Myth'
As Finance Minister Nirmala Sitharaman hold a review meeting with heads of Public Sector Banks and …
ANI
2 mins read
External borrowings to meet capital needs putting pressure on bank's net interest margins, says a report by SBI Securities
The banks in the country are facing challenges due to a slowdown in deposit growth, according to a …
ANI
3 mins read
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…
2 mins read
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
4 mins read
Water shortage detrimental to India's credit health, may spark social unrest: Moody's
Moody's Ratings on Tuesday said India's growing water shortage can disrupt farm and industry sector…
PTI
2 mins read
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
7 mins read
Welcome to credit card points mania
Gen Zers explain the credit cards they're using to get the best rewards and live a life of more lux…
Juliana Kaplan
2 mins read
GST Council mulling 18% GST on low value transactions made via RazorPay, PayPal and more. Here's how it will impact you
At present, they are exempt on paying GST on transaction of value less than Rs 2,000. But, if the p…
2 mins read
India’s credit card market set to double by 2029, reaching 200 million cards
India's credit card market is set to reach 200 million cards by FY28-29, growing at a 15% CAGR, acc…
2 mins read
Indians credit card spending increases 19% YoY to Rs 1.7 trillion in July 2024
According to a report released by SBI Securities, the total expenditure by credit card users across…
ANI
3 mins read
India's corporate credit quality is getting stronger: S&P Global
S&P Global's analysis reveals that one in three ratings within India now have positive outlooks, ma…
ANI
2 mins read
Credit offtake expanded by Rs. 20.4 lakh crore, deposits by Rs 23.9 lakh crore over the last 12 months
Credit offtake is a type of bank credit that assists businesses in getting financing for future pro…
ANI
4 mins read
Top 5 personal finance scams in India and how to stay safe from them
Don’t make any payments just because a stranger told you to. Verify the situation and the person’s …
10 mins read
The best way to fix your credit score? Ignore it.
Credit scores and reports can be daunting to think about for consumers. For companies from Experian…
Emily Stewart
2 mins read
A $5 billion scandal is rocking Germany's carbon credit market
Germany's carbon-credit market is navigating a scandal after reports that projects abroad meant to …
Kelly Cloonan
2 mins read
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
2 mins read
Digital initiatives to triple Indian retail borrowing to USD 2.5 trillion by 2030: S&P Global
Recognising the impact of digitisation in the country, S&P Global Ratings said that the state-backe…
ANI
2 mins read
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
4 mins read
On the right track — Economic Survey 2023-24 outlines India’s commendable climate action
India's Economic Survey 2023-24 showcases remarkable progress in combating climate change and promo…
2 mins read
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…