RBI Warns Of Faster Private Credit Growth, Says It Risks Financial Stability
The New Indian Express|June 28, 2024
THE Reserve Bank has wanred of the rapid growth of private credit, which has jumped over four-fold in the past 10 years, due to their growing interconnectedness with banks and non-banking lenders, which can create vulnerabilities.
RBI Warns Of Faster Private Credit Growth, Says It Risks Financial Stability

Private credit is provided by non-bank lenders to corporates on a bilateral basis and the same grown four-folds over the past ten years, the RBI said in the financial stability report Thursday. "The rapid growth of private credit and increasing interconnectedness with banks and non-banks and their opacity can create vulnerabilities that can become systemic."

Esta historia es de la edición June 28, 2024 de The New Indian Express.

Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.

Esta historia es de la edición June 28, 2024 de The New Indian Express.

Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.

MÁS HISTORIAS DE THE NEW INDIAN EXPRESSVer todo
The New Indian Express

Uncapped rule back as six retentions allowed in IPL

THE Indian Premier League franchises are now allowed to retain or right to match as many as six players in the upcoming mega auction, the BCCI announced on Saturday.

time-read
1 min  |
September 29, 2024
'NOT CHASING GM TITLE FREED ME'
The New Indian Express

'NOT CHASING GM TITLE FREED ME'

After a dream run in 2023, with the Olympiad gold to top it all, GM Vaishali opens up to Swaroop Swaminathan about change in mindset, rise of women's chess and more...

time-read
4 minutos  |
September 29, 2024
With Virat & Rohit, India must be having fun at forced breaks: Raina
The New Indian Express

With Virat & Rohit, India must be having fun at forced breaks: Raina

RAIN has played spoilsport restricting Day 1 play of the second Test between India and Bangladesh here in Kanpur to 35 overs on Friday.

time-read
2 minutos  |
September 29, 2024
The New Indian Express

Murugappa Cup: RSPB, IOC in final

DEFENDING champion Indian Railways - RSPB overpowered Hockey Association of Odisha 4-0 to power into the final of the 95th All-India Murugappa-MCC Gold Cup Hockey Tournament here on Saturday.

time-read
1 min  |
September 29, 2024
The New Indian Express

TMB plans to open 40 new branches in Tamil Nadu

TAMILNAD Mercantile Bank (TMB), one of the renowned Old Private Sector Banks, plans to open 40 new branches across various regions, expanding its footprint beyond Tamil Nadu, with a special focus on the MSME sector, retail growth and digital banking services.

time-read
1 min  |
September 29, 2024
The New Indian Express

TVS Emerald acquires land in B'luru, Chennai

EMERALD Haven Realty Ltd.(TVS Emerald), a leading real estate developer, has acquired land in north Bengaluru and Chennai with a combined booking value potential of ₹900 crore.

time-read
1 min  |
September 29, 2024
Can Anil Ambani make a comeback?
The New Indian Express

Can Anil Ambani make a comeback?

THE Anil Ambani group, under financial distress for years, has come up with some financial recovery claims.

time-read
3 minutos  |
September 29, 2024
Nokia to supply telecom gear to Vi for 4G, 5G networks
The New Indian Express

Nokia to supply telecom gear to Vi for 4G, 5G networks

TELECOM equipment maker Nokia announced on Saturday that it has secured a threeyear contract with Vodafone Idea (Vi) to deploy 4G and 5G equipment.

time-read
1 min  |
September 29, 2024
Senior Iranian general killed along with Nasrallah
The New Indian Express

Senior Iranian general killed along with Nasrallah

A prominent general in Iran's paramilitary Revolutionary Guard died in an Israeli airstrike that killed Hezbollah leader Hassan Nasrallah in Beirut, Iranian media reported Saturday.

time-read
1 min  |
September 29, 2024
Strikes hit dozens of Hezbollah sites
The New Indian Express

Strikes hit dozens of Hezbollah sites

Israel mobilises additional reserve soldiers as tensions escalate

time-read
1 min  |
September 29, 2024