2:10 PM
Blogger
SBI has alerted its customers about scammers posing as CBI or IT officials to extort money. These scammers use fake narratives and staged evidence to convince and frighten victims. Consumers are advised to verify identities, avoid sharing sensitive information, and report suspicious activities to banks and authorities.
7:10 AM
Blogger
Bank credit growth has slowed to 11.1% as of Nov 15, 2024, compared to 20.6% the previous year. Deposit growth also decreased, with banking system deposits rising by only 6.7% since March. Banks are liquidating govt bonds due to slower deposit growth. Retail lending and NBFC loans have similarly declined.
4:10 AM
Blogger
1:10 PM
Blogger
Economists are speculating over the future of Das in the wake of data showing the South Asian economy expanded 5.4% from July to September, a seven-quarter low and far below the Reserve Bank of India’s 7% projection.
6:10 AM
Blogger
9:10 AM
Blogger
India’s economic growth slowed in the September quarter, leading to concerns about stock market weakness. Market participants expect a recovery if the Reserve Bank of India cuts interest rates or reduces cash reserve ratios. Analysts have mixed views on the extent of further market corrections but anticipate limited near-term upside due to earnings and valuation issues.
RSS Feed
Twitter
