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Financial sector must grow at 16-18% for India to become $10 trillion economy by 2030, says Ajay Piramal

Credit growth should be around 16-18% in order for India to grow at 8% rate to reach the $10...
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Business

NBFCs to see Rs 18 lakh crore loans getting repriced in FY23: Crisil

Non-banking financial companies are likely to witness close to Rs 18 lakh crore of their outstanding debt getting repriced...
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Business

Explainer: All about RBI’s On tap Licensing Policy for Universal Banks and Small Finance Banks

By Trisha Shreyashi  Reserve Bank of India (RBI) recently rejected six out of eleven applications by entities aspiring for...
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Business

Liquidity overhang may put a lid on deposit rates

The monetary policy committee’s rate hikes worth a cumulative 90 basis points (bps) may not immediately translate into higher...
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Business

RBI rolls out digital-heavy agenda for 2022-23

By Shashank Didmishe The Reserve Bank of India’s agenda for 2022-23 is digital-heavy. The central bank announce lending...
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