Tag: rbi report

Indian economy remains key driver of global growth: RBI report

Indian economy remains key driver of global growth: RBI report

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According to the report, the soundness and resilience of scheduled commercial banks are bolstered by robust capital buffers, multi-decadal low non-performing loans ratio and strong earnings. File | Photo Credit: Reuters Indian economy remains a key driver of global growth on the back of sound macroeconomic fundamentals and prudent policies, the Reserve Bank of India (RBI) […]

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RBI report shows credit growth spurs public lenders’ balance sheets to 10-year high in first half of FY23

RBI report shows credit growth spurs public lenders’ balance sheets to 10-year high in first half of FY23

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The Reserve Bank has raised rates aggressively this year to tame inflation.  | Photo Credit: Reuters Under the backdrop of a highly uncertain global environment caused by globalisation of inflation, energy and food shortages, and synchronised tightening of monetary policy worldwide, the Indian economy was exhibiting signs of a gradual strengthening of the growth momentum, […]

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