The RBI's increase in risk weights on bank lending to non-banking financial companies and on unsecured loans has pruned credit growth in these segments. Illustration: Uttam Ghosh/Rediff.com Bank......
This year marked a reversal of the interest rate cycle, something many economists hadn’t quite expected at the beginning of the year. The repo rate, or the rate at which banks borrow from......
Credit outstanding to the housing sector rose by nearly Rs 10 lakh crore in the last two fiscals to reach a record Rs 27.23 lakh crore in March this year, according to RBI's data on 'Sectoral......
The United Nations on Wednesday pared down India’s growth forecast by 20 basis points to 5.8 per cent for 2023 calendar year, citing higher interest rates and risks of recession in the......
The analyst and investor community seems confident that India is well placed to weather the storm. On Wednesday, the US Federal Reserve chose to keep the federal funds rate unchanged. But the......