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GDP, RBI and Economy of India
India's economic outlook optimistic for FY25, RBI report forecasts GDP growth at 6.6 pc
India's economy is poised for a robust growth of 6.6% in 2024-25, driven by a resurgence in rural consumption, government spending, and investment, as well as strong services exports. This optimistic outlook is underscored by the Reserve Bank of India's (RBI) December 2024 issue of the Financial Stability Report (FSR),
RBI Expects 6.6 Per Cent GDP Growth In FY25 As Financial Stability Report Suggests Strong Profitability And Declining NPAs
According to a report by the Reserve Bank of India (RBI) released on Monday (30 December), the Indian economy is demonstrating strength and stability. The report projects that the country's gross domestic product (GDP) will see a growth rate of 6.6 per cent in the fiscal year 2024-25.
RBI expresses optimism about Indian economy, gross NPA at 12-year low, GDP to grow at 6.6 per cent
The Reserve Bank of India has released its Financial Stability Report (FSR) expressing optimism about the economy in the near future. It also revealed facts about NPA, the condition of Scheduled Commercial banks and inflation.
Indian economy shows resilience, GDP growth projected at 6.6% in FY25: RBI report
Structural growth drivers such as public consumption, investment, and service exports are expected to support recovery in the latter half of FY25. This will be aided by favorable financial conditions.
Economy exhibiting resilience, GDP to grow at 6.6% in FY25 on revival in rural consumption: RBI report
On the economy, the Financial Stability Report said during the first half of 2024-25, real GDP growth year-on-year moderated to 6 percent from 8.2 percent and 8.1 percent growth recorded during H1 and H2 of 2023-24,
2h
on MSN
India's financial sector to enter 2025 on strong footing: RBI guv Malhotra
India's financial sector is positioned strongly as it enters 2025, marked by robust earnings, low impaired assets, and strong ...
The Financial Express
1h
RBI red-flags worsening asset quality in unsecured loans
Fresh accretion of non-performing assets (NPAs) in retail loan portfolios was also dominated by slippages in the unsecured ...
Bloomberg L.P.
10h
India Banks’ Bad Loan Ratios Seen Worsening by 2026, RBI Says
the Reserve Bank of
India
said in a report. Gross non-performing assets ratio of Indian banks will likely climb to 3% in ...
Swarajya
4h
Can Indian Banks Maintain High Profits And Low NPAs Amid Global Financial Uncertainties—Here's What Latest RBI Report Says
The non-banking financial sector remains healthy, bolstered by robust capital buffers, strong interest margins, and improving ...
7h
on MSN
Majority of banks spend less than 10% on emerging tech: RBI survey
RBI’s survey reveals banks in India allocated under 10% of their IT budget to emerging technologies. While AI and cloud ...
19h
Rupee set to extend recovery on RBI-motivated dollar-long liquidation
The Indian rupee is poised to rise on Monday, building on the momentum from the previous session in which the central banks' ...
7h
RBI asks National Payments Corporation of India to develop this facility to prevent frauds | Check details
RBI said that the NPCI shall not store any data relating to this facility. In case of a dispute, the remitting bank and the ...
6h
on MSN
RBI warns against spillover of unsecured loan stress
Per RBI’s report, during the first six months of 2024-25, the share of stressed microfinance assets increased, with loans ...
devdiscourse
8h
RBI Mandates Name Verification for RTGS and NEFT Transfers
The Reserve Bank of India has directed the National Payments Corporation of India to develop a feature allowing customers to ...
Press Trust of India on MSN
2h
Net claims of non-residents on India declined by USD 19.8 bn in Q2: RBI
Net claims of non-residents on India declined by USD 19.8 billion during the second quarter of the current financial year to ...
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