The RBI logo | Photo Credit: Getty Images The story so far: The Governor, Deputy Governor and a few other senior officials of apex banking regulator, the Reserve Bank of India (RBI), met MD and CEOs of public and certain private sector banks on November 16. Acknowledging the role played by private commercial banks in […]
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India’s economy grew 13.5% year-on-year in the first quarter of 2022-23, reflecting strong growth in services India’s economy grew 13.5% year-on-year in the first quarter of 2022-23, reflecting strong growth in services The Asian Development Bank (ADB) has slashed India’s economic growth projection for 2022-23 to 7% from 7.2% earlier, citing higher than expected inflation […]
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High inflation and monetary tightening cited. High inflation and monetary tightening cited. The Asian Development Bank (ADB) has slashed India’s economic growth projection for 2022-23 to 7 per cent from 7.2 per cent earlier, citing higher than expected inflation and monetary tightening. India’s economy grew 13.5 per cent year-on-year in the first quarter of 2022-23, […]
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Inflation worries drag sentiment down to 27-month low, with just 4% of firms expecting growth a year from now Inflation worries drag sentiment down to 27-month low, with just 4% of firms expecting growth a year from now Inflation pressures dragged India’s manufacturing sector’s growth down to the lowest level in nine months, and dampened […]
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