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Finance

Microfinance loans grow 21.3% YoY to Rs 3.5 trn in FY23, says report

newzowl - May 29, 2023

Microfinance loans in India increased 21.3 per cent year-on-year (YoY) at Rs 3.5 trillion in Financial Year 2022-23 (FY23), backed by revised regulatory...

Finance

RBI may reduce policy repo rate in fourth quarter of 2024: Oxford Economics

newzowl - May 29, 2023

Global forecasting firm Oxford Economics on Monday said the RBI may cut key benchmark policy rate in the fourth quarter of the current...

Finance

Bank of Baroda aims at 12-15% credit growth in FY23: Executive director

newzowl - May 29, 2023

State-owned Bank of Baroda (BoB) on Monday said it expects 12-15 per cent credit growth during the current financial year. During the last financial...

Finance

FDI equity inflow contracts 22% to $46 billion in FY23: Govt data

newzowl - May 29, 2023

FDI inflows decline 16% to $71 billion for first time in a decade: RBI dataRBI MPC: Here is what experts have to say...

Finance

SBI raises $750 mn via bonds on India INX under its $10 bn MTN programme

newzowl - May 29, 2023

SBI, the country's largest public sector lender, on Monday raised USD 750 million under its USD 10 billion Global Medium Note programme to...

Finance

Rs 2,000 currency note withdrawal creating chaos for Indians in Gulf

newzowl - May 29, 2023

Several Indians in the Gulf nations are having a harrowing time ever since the Indian government decided to withdraw the Rs 2,000 notes...