Debt Recovery Rate Stuck at ~30 percent while Timelines Continue to Increase
After slowing in the pandemic period of FY21 and FY22, the number of insolvency cases referred has...
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Tag: finance
DBS and RESET Carbon partner to scale up decarbonisation solutions in Asia’s manufacturing supply chain
MOU signed to facilitate opportunities for sustainable finance HONG KONG SAR – Media...
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CPI Inflation Eases But Stays Above RBI’s Upper Tolerance
Key Highlights: CPI inflation eased to 6.8% y-o-y in August but remained above RBI’s upper...
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Mauritius to Grow Over 6% in 2023, but Global Slowdown Will Weigh
Key Highlights: Gross FDI improved 40% y-o-y to MUR 7,236 million in Q1 2023, led by inflows into...
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NBFC-MFI to grow at 28% yoy in FY24
CareEdge conducted MFI webinar on 10th August with eminent industry experts. The NBFC-MFI industry...
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Moderating Credit Growth with Healthy Deposits Narrows Credit-Deposit Gap
Synopsis • Credit offtake witnessed a sustained growth at 15.4% year on year (y-o-y) to Rs.140.2...
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Credit Growth Continues in May, Retail & NBFCs Remain Strong
Synopsis • Gross bank credit offtake witnessed a continued rise of 15.4% year-on-year (y-o-y) in...
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PSBs Shows Steller Performance in Q4; Improves on all Counts
Synopsis Scheduled Commercial Banks (SCBs) reported a robust rise in advances at 17.3% y-o-y in...
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In FY24, Credit Offtake to Continue Rising and Outpacing Deposit Growth
Synopsis Bank credit growth maintained a double-digit growth and continued to outpace deposit...
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India’s Improving Asset Quality Moves Closer in Line with Global Level
Synopsis Driven by moderation in slippages, appropriate PCR levels resulting in lower incremental...
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Cube Highways Trust Secures ₹1,030 Crore Funding from IFC through Long-Term Listed NCDs
June 29, 2023: Cube Highways Trust (Cube InvIT) [BSE/NSE: CUBEINVIT], managed by Cube Highways...
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Monthly Forex Market Update – June 2023
Global Currency Highlights: Dollar to weaken if incoming data remains soft and Fed rate hikes get...
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