Going forward, analysts expect a combination of factors, including the RBI's rate hikes, slowing GDP growth, and the normalisation of the base effect to blunt the sharp growth in credit.
As on November 18, according to the latest RBI data, bank credit growth was at 17.2 per cent year-on-year (YoY) while deposit growth was at 9.6 per cent. According to a Macquarie report, the widening gap between loan and deposit growth was at 875 basis points for the fortnight ending November 4, the highest since November 2010.
Denne historien er fra December 09, 2022-utgaven av Business Standard.
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Denne historien er fra December 09, 2022-utgaven av Business Standard.
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Infosys unveils campus in Kolkata
Information Technology (IT) giant Infosys on Wednesday inaugurated a development centre built at a cost of ₹426 crore at New Town.
CEOs seek infra status, increase in marketing spend
Chief executive officers (CEOs) from major hospitality companies raised concerns about taxation policies and the lack of infrastructure status for hotels during a closed-door meeting with government officials on Wednesday at the 18th CII Annual Tourism Summit.
Minister tells sector leaders to prepare 'concrete' paper
Union Tourism Minister Gajendra Singh Shekhawat has asked hospitality sector stakeholders to prepare a \"concrete\" paper seeking infrastructure status for the travel and hospitality sector, a demand which he will put forth before the finance ministry.
IndiGo suggests increase in pilot rest time from June
IndiGo has proposed to the Directorate General of Civil Aviation (DGCA) a step-by-step increase in the weekly rest period for pilots, saying it wants the implementation to begin from June 2025, Business Standard has learnt.
Hotel room rates log record highs in '24 on tourism peak
Increase driven by boom in domestic tourism, weddings in Nov and Dec
The macro, micro, and nano world of influencers
THE CONCLUDING PART OF THE TWO-PART INFLUENCER ECONOMY SERIES DELVES INTO HOW MARKETERS CAN USE INFLUENCERS FOR A BRAND AND WHAT THE CHALLENGES ARE
SC classifies small bottles of coconut oil as edible
Says it should be taxed at 5% instead of 18% in 15-yr-old dispute
Databricks raises $10 bn in record VC round
Databricks has raised $10 billion in one of the largest venture capital funding rounds in history.
myTVS takes a quantum leap, to deliver auto parts in 2 hours
Will also distribute lubricants for passenger, commercial vehicles with myTVS Hypermart
Damani tops self-made entrepreneur list
MakeMyTrip, PolicyBazaar founders in top 10 of Hurun India's list for first time
