Credit offtake falls 600 bps in July on personal loans
The Morning Standard|September 18, 2024
THE Reserve Bank clamp down on unsecured loans in November last year have finally began to show result as credit growth of banks' have fallen by nearly 600 bps to 13.7% in July from 19.5% in the same month last year tempered down by their personal and agriculture portfolios.

On the other hand, industrial credit demand almost doubled to 10.1% from 5.2%.

Another reason for the steep deceleration is that lenders are increasingly focusing on managing their skewed creditdeposit (CD) ratio as deposits have been flying out of their vaults for quite sometime now.

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Denne historien er fra September 18, 2024-utgaven av The Morning Standard.

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FLERE HISTORIER FRA THE MORNING STANDARDSe alt
The Morning Standard

SOCIETY MUST PUSH GOVTS TO PRIORITISE POLLUTION FIGHT

THE winter pollution in the national capital has become synonymous with the burning of crop residues by farmers in the adjoining states of Punjab, Haryana and Uttar Pradesh.

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1 min  |
November 08, 2024
Community Radio Content Challenge for creativity, innovation at WAVES
The Morning Standard

Community Radio Content Challenge for creativity, innovation at WAVES

THE Ministry of Information and Broadcasting has issued an advisory to community radio stations, encouraging them to participate in the World Audio Visual and Entertainment Summit (WAVES) competition titled 'Community Radio Content Challenge'.

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1 min  |
November 08, 2024
HAS THE IMF REALLY BAILED SRI LANKA OUT OF DISTRESS?
The Morning Standard

HAS THE IMF REALLY BAILED SRI LANKA OUT OF DISTRESS?

WO and a half years after Sri Lanka announced a sovereign default on all its foreign debt of about $51 billion and sought a rescue package from the International Monetary Fund (IMF), two pertinent questions arise.

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3 mins  |
November 08, 2024
BETTER PILLS FOR SOUTHERN DISCOMFORT
The Morning Standard

BETTER PILLS FOR SOUTHERN DISCOMFORT

States shouldn't lose political clout if they develop well. Yet, southern states now face financial victimisation and linguistic marginalisation: We need equitable solutions, not more babies

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4 mins  |
November 08, 2024
NO DIFFERENCES WITH HIGH COMMAND: REVANTH
The Morning Standard

NO DIFFERENCES WITH HIGH COMMAND: REVANTH

ESCRIBING the past 11 months of the Congress government in Telangana as a story of success, Chief Minister A Revanth Reddy says that he is planning for the next nine years as the party will win at least two terms based on its performance.

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5 mins  |
November 08, 2024
Naidu concerned over power sector
The Morning Standard

Naidu concerned over power sector

Andhra CM blames Jagan govt for tariff hike, assures consumers of no further increase

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1 min  |
November 08, 2024
The Morning Standard

K'taka yoga teacher assaulted & buried, but survives

AN incident where a yoga teacher was allegedly kidnapped and assaulted by four supari killers and dumped in a forest area, believing her to be dead, has been reported from Dibburhalli police limits in Chikkaballapur district.

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1 min  |
November 08, 2024
HC awards ₹1.1 cr damages to EPS in defamation case
The Morning Standard

HC awards ₹1.1 cr damages to EPS in defamation case

EXPRESSING concern over character assassination of individuals on social media with no restriction, the Madras High Court on Thursday ordered Dhanapal, brother of the prime accused Kanagaraj (deceased) in the Kodanad heist-cum-murder case, to pay ₹1.1 crore as damages to Edappadi K Palaniswami for linking the AIADMK general secretary with the crime.

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1 min  |
November 08, 2024
HC closes case on ban of Rushdie's 'The Satanic Verses'
The Morning Standard

HC closes case on ban of Rushdie's 'The Satanic Verses'

THE Delhi High Court has closed a longstanding case challenging the alleged 1988 ban on importing India-British writer Salman Rushdie's controversial novel, The Satanic Verses, after customs authorities failed to produce any record of the notification purportedly enforcing the ban.

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1 min  |
November 08, 2024
Temple board to adopt eco-friendly initiatives to make Sabarimala green
The Morning Standard

Temple board to adopt eco-friendly initiatives to make Sabarimala green

Ahead of the annual pilgrimage season at Sabarimala, Travancore Devaswom Board (TDB) authorities have initiated a slew of measures, including getting rid of plastic items from devotees' chattels and 'Irumudikettu,' a ceremonial sacred bundle, to make the hill shrine more eco-friendly, and make the pilgrimage hassle-free.

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1 min  |
November 08, 2024