In calendar year 2021, this rate will be 11%, while the Indian economy is estimated to have declined 8% in 2020.
Fitch Ratings has lowered India's supply-side growth estimates from 2020 - 2025 to 5.1% from 7%; below pandemic levels.
This decline in asset quality would be led by public sector banks, who would have 17.6% of their assets non-performing.
Various claims are being taken from 2017 and attributed to Morgan Stanley to paint a good picture of economy under PM...
BOOM highlights the top 10 claims factchecked during 2020, in a year that was nothing short of extraordinary.
Professor Mohanbir Sawhney on how a few businesses have made the most of the COVID19 pandemic and thrived.
SBI, CRISIL and Fitch are among the latest research houses to have revised India's FY21 GDP estimate upward.
The inflation targets, set in 2016 and being followed by the RBI, could be eased by the government to push growth.
NITI Aayog CEO Amitabh Kant said that it is very difficult to carry out reforms in India as it is too much of a...
Despite reducing by 7.5%, India's GDP has improved than the first quarter when it had contracted by a record 23.9%.
The Indian economy has declined for a second straight quarter as it limps back to normalcy from the COVID-19 disruptions
Corporate may get to promote banks and promoters may get higher stakes in this report on private sector banking...