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Credit expansion on an adrenaline rush in June, up 16.2%
Retail loans rose by 20.9% in June 2023 which was a further improvement on the 18.1% growth in June a year ago
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Inflation likely to come down by 30 bps after excise duty cut on petrol, diesel: Report
The Government is likely to bear a burden of Rs 60,000 crore due to the excise duty cut on petrol, diesel
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Uptick in credit growth; sign of recovery
In FY21, credit growth had plunged to 59-year low
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Borrowing by state govt 11% lower than last year: Care Ratings
In FY22 market borrowings by the states were at 11% less, than FY21. Cumulatively Rs 2.92 lakh crore was raised by 25 states and Delhi.
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Non-life insurance sector grows 19.5% in July 2021: Report
Non-life insurance premium reached Rs 20,171 crore compared to Rs 16,885 crore in July 2020
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Boost in non-life insurance premiums
The non-life insurance market has continued to prosper well, with June 2021 monthly figures reporting a 7% increase
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SAT reduces Sebi's penalty on CARE Ratings in RCom case
The penalty has been reduced from Rs 1 crore to Rs 10 lakh, according to a SAT order dated June 9
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Economic cost of the second lockdown in Maharashtra
Rs 40,000 crore loss is assumed based on a single month of lockdown. Any extension of the same will result in further loss of output from the state
