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SBI economists see Q2 GDP growth slowing down to 6.5%; FY25 growth to be closer to 7%
Economists at SBI predict a dip in India's GDP growth to 6.5% for the September quarter, citing pre…
Two entities upgraded for every downgrade in FY24, hospitality sector records 23 upgrades: ICRA
The fiscal year of FY24 continued the ‘upgrade momentum’ that was set into motion in FY22, said the…
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
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…
RBI downgrades FY23 GDP growth projections to 6.8% - lower than World Bank and other global agencies
“A growth of 6.8% is considered very strong in the current context when the world economy is…
RBI leaves repo rate unchanged. What does this mean for you?
This is a good time to invest in high-yield fixed deposits and other debt instruments. That's becau…
RBIs MPC meet concludes today: Repo rate left unchanged at 6.5%
Treading along expected lines, RBI rate-setting panel left the repo rate unchanged at 6.5% for the …
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 …
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…
With food inflation looming large, ‘shallow rate’ cuts expected only in Q3 FY25
The ongoing heatwave conditions, and projections of a harsher summer, are likely to impact India’s …
Did you know the RBI Ombudsman received 68% more complaints in FY2023? Here’s how to file your grievance
Recently, the Reserve Bank of India (RBI) reported that the complaints to the Ombudsman have gone u…
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
Rise seen in financial inclusion index, jobs in the country, notes RBI
Improvement in FI-Index is mainly contributed by usage dimension, which further reflect deepening o…
India's balance of payments shows improvement in Q1 FY24
One of the standout features of India' 2023-24 was the substantial narrowing of the Current Account…