Tag: credit
India has entered cyclical growth slowdown, RBI’s 7.2 pc estimate ‘overly optimistic’: Nomura
Mumbai: Japanese brokerage Nomura on Monday said the Indian economy has entered a phase of “cyclical growth slowdown” and the Reserve Bank’s estimate of 7.2…
phonepe: PhonePe FY24 operating revenue up 73% to Rs 5,064 crore, loss down 28%
Digital payments major PhonePe reported a 73% jump in operating revenue at Rs 5,064 crore for financial year 2024, from Rs 2,914 crore a year…
View: India needs more lending — but not to everyone
Indians are justifiably proud of how easy it has become for them to pay for stuff. If you have an Indian phone number and bank…
Credit card spending in India increases 19% to ₹1.7 lakh crore in July 2024
Indian consumers demonstrated a significant increase in their credit card spending in July this year, marking a 19 per cent increase as compared to the…
Banks should focus on increasing deposits as public increasingly shifts to alternate investments: Nirmala Sitharaman
Finance Minister Nirmala Sitharaman on Saturday exhorted banks to focus on their core business and explore new ways to attract deposits, as household savings are…
Fitch Upgrades Pakistan Credit Rating on Better External Funding
Jul 29, 2024 07:08 PM IST Fitch Ratings raised Pakistan’s credit rating, citing reduced risks from external funding after it secured a new bailout from…
fintechs upi credit line: Banks wary of UPI credit even as fintech firms make big plans
Fintechs such as Freo, Jupiter and PayU are betting big on bringing a credit card-like payment experience for consumers on Unified Payments Interface (UPI) that…
gst: 88% MSME say GST reduced cost of goods and services, optimised supply chain
About 88% of Micro, Medium and Small Enterprises say that implementation of Goods and Services tax (GST) has reduced cost of both goods and services…
2000 note ban: Rs 2000 notes cleanup: How the demise of the pink notes is set to supercharge India’s economy
In what may be a consolation to the worried citizens of the country, the Reserve Bank of India‘s decision to withdraw Rs 2,000 banknotes from…
pacs: PACS can be roped in as drone entrepreneurs for spraying fertilizers, pesticides: Coop Min
The government on Thursday said Primary Agricultural Credit Societies (PACS) can be employed as drone entrepreneurs for spraying fertilizers and pesticides, and for survey of…