Tag: credit growth
MDR a small fee, will not have major impact on UPI volumes: RBI Guv Malhotra
Mumbai: Reserve Bank of India Governor Sanjay Malhotra on Wednesday said levying a “small fee” in the form of merchant discount rate (MDR) will not…
Economists raise concerns as India’s growth increasingly becomes credit expansion-led
Mumbai: India’s strong economic growth is increasingly being supported by rapid credit expansion, likely raising questions about how sustainable the current pace of growth will…
FCNR inflows may delay rate hikes, but banks face margin pressure: Report
New Delhi: The Reserve Bank of India‘s foreign-currency mobilisation has temporarily eased financial conditions and given the central bank more room to hold off on…
Credit growth signals economic strength: Finance Ministry
New Delhi: The finance ministry in a statement on Tuesday said robust credit growth demonstrates the resilient domestic economic environment and envisages enhanced appetite for…
Fitch raises India FY26 GDP growth forecast to 7.5% on strong domestic demand
New Delhi: Fitch Ratings on Friday raised India’s economic growth forecast for FY26 to 7.5% year-on-year from 7.4% projected in December, citing strong domestic demand…
India’s banks exit 2025 on strongest footing in years, RBI flags sustained resilience ahead
India’s banking sector closed 2025 with its cleanest balance sheets in over a decade and is expected to remain resilient in the year ahead, as…