The latest RBI quarterly Bank Lending Survey (BLS) revealed that the overall loan demand for all sectors shrank from 42.9% (in Q4 2020-21) to 3.6%…
In January 2021, SBI had 1,16,41,581 outstanding credits cards at the end of the month. This number rose to 1,19,57,378 in May 2021. This is…
In January 2020, SBI had 1,02,37,289 outstanding credits cards at the end of the month. This number rose to 1,16,41,581 in January 2021. This is…
The country had already been going through a severe economic recession for the past few years but now, the situation has gone from bad to…
The country’s economy continues to be in the doldrums as according to the Reserve Bank of India, the credit growth rate is showing a steady…
The effect of the economic crisis is being felt on people’s spending power. The recession has made such inroads that now people are taking loans…
India’s financial system remains stable despite the weakening economic growth, the Reserve Bank of India said on Friday, but at the same time, it acknowledged…
Yet more proof of a beleaguered Indian economy has come to light. In the first six months of this financial year, the credit growth rate…
People have now become more dependent on personal loans and credit cards due to not having cash in hand. A big jump has been seen…
Solar energy was a big step on the government’s agenda. But due to the challenges of changes in rules, policy flip-flops and heavy fall in…
Former Bengal leggie Soumendranath Kundu dies