Banks' gross NPA ratio hits multi-year low of 2.8%
Indian banks have been boosted by rising profitability and declining non-performing assets.
Indian banks have been boosted by rising profitability and declining non-performing assets.
Jayanth Varma voted to reduce the repo rate by 25 basis points and to change the stance to neutral.
The final leg of this disinflation journey may be tough, says RBI governor Shaktikanta Das
The mega dividend will give a fillip to the central government’s fiscal position, which may lead to additional spending or fiscal consolidation or a combination of both, says Ind-Ra.
RBI says the Indian economy showed resilience in 2023-24 despite protracted geopolitical tensions and volatile global financial markets
RBI’s balance sheet size increases to 24.1% of India’s GDP at end-March 2024; normalises to its pre-pandemic level
ICICI Bank sanctioned loans to certain entities without undertaking due diligence on the viability and bankability of the projects, says RBI.
Sustained deficit reduction would be positive for India's sovereign rating fundamentals over the medium term, says Fitch Ratings
A rising tide lifts all boats, but it lifts different boats differently, says the former governor of the Reserve Bank of India
An RBI probe finds many instances of banks and other regulated entities resorting to "unfair practices" in charging interest from consumers