According to Reserve Bank of India (RBI) Governor Shaktikanta Das, India’s economic growth in recent years has been primarily driven by strong domestic demand, particularly in terms of private consumption and investment. He expressed confidence that India will continue to be one of the Continue Reading
An official with the largest lender in the nation indicated on Thursday that bad loans in the retail and small business sectors could rise from their current low levels in Indian banks. Loans to this sector have been expanding quickly, but there have only been a few defaults so far. “We cannot have a system […]Continue Reading