Tuesday, April 28, 2026

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December 31, 2024 1:10 PM

Gross NPA ratio of India’s banks falls to 12-year low of 2.6%

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

India’s economy, banks in robust health: RBI

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 10, 2024 1:18 PM

India’s retail inflation likely to ease: report

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

Revenue Secretary Sanjay Malhotra appointed new RBI Governor

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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