DD India
January 2, 2025 12:29 PM
The Reserve Bank of India (RBI) has reported a sharp surge in gold loans across the country, reflecting an increasing dependence on gold as collateral to meet financial needs. According to the RBI's report, gold loans saw significant growth in the pe...
December 31, 2024 1:10 PM
India’s banking sector has witnessed continued improvement in asset quality, with the gross non-performing assets (GNPA) ratio dropping to 2.6% of total advances in September 2024, marking the lowest level in the past 12 years, according to the Res...
December 30, 2024 7:24 PM
The Indian economy and the domestic financial system are underpinned by strong macroeconomic fundamentals, healthy balance sheets of banks and non-banks with returns on assets at decadal highs, according to the RBI financial stability report released...
December 17, 2024 1:28 PM
Indian stock markets opened lower on Tuesday as weak export data and a record-high trade deficit in November dampened investor sentiment. The Nifty slipped 0.3% to 24,599 points as of 09:20 a.m, while the Sensex fell 0.3% to 81,492.02. Market exper...
December 15, 2024 4:50 PM
Scheduled Commercial Banks (SCBs) in India have achieved a significant milestone by recording the highest-ever aggregate net profit of ₹23.50 lakh crore in FY2023-24, compared to ₹22.63 lakh crore in FY2022-23, according to the Ministry of Financ...
December 12, 2024 6:42 PM
The central government has implemented a series of reforms over the past decade aimed at improving the performance of Public Sector Banks (PSBs). These measures have addressed challenges such as non-performing assets (NPAs), financial inclusion, and ...
December 11, 2024 9:45 PM
Sanjay Malhotra, the newly appointed Governor of the Reserve Bank of India (RBI), outlined his vision for the central bank after assuming office on Wednesday. Malhotra emphasized that his tenure would focus on policy continuity, financial inclusion, ...
December 10, 2024 2:55 PM
S&P Global Ratings on Tuesday projected 6.8% growth for the Indian economy in FY25, followed by 6.9% growth in FY26, on the back of strong urban consumption, steady service sector growth, and ongoing investment in infrastructure. The growth proj...
December 10, 2024 1:18 PM
India’s retail inflation, based on the Consumer Price Index (CPI), is expected to ease to 5.5 percent in November due to a decline in food prices, according to a Morgan Stanley report. "We expect CPI inflation to edge downwards to 5.5 percent in N...
December 9, 2024 6:50 PM
Sanjay Malhotra, the current Revenue Secretary at the Ministry of Finance, has been appointed as the new Governor of the Reserve Bank of India (RBI). His tenure will begin on December 11, 2024, and will last for three years, as confirmed by the Depar...
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Last updated on: 7th Jun 2025
