Latest Updates Around The World
close-up image of a man counting Indian currency istock photo for BL | Photo credit: iStockphoto Lending by non-banking finance companies (NBFCs) has increased over the years, underscoring their growing importance in financial intermediation, rising to 15 percent of gross domestic product (GDP) in March 2025, compared to 14 percent a year ago, according to […]
Saving money concept Man hand putting row and coin Writing Finance Saving money concept Man hand putting row and coin Writing Finance | Photo credit: SARINYAPINNGAM Small finance banks (SFBs) saw their asset quality and profitability deteriorate in 2024-25, while their credit-deposit ratio (CD) improved, according to the Reserve Bank of India’s trends and progress […]
India’s digital payments ecosystem continues its rapid expansion, with the Unified Payments Interface (UPI) maintaining a dominant position in transaction volumes, according to the Reserve Bank of India’s Payment Systems Report for the six months ending June 2025. The report shows that digital transactions in India have grown 38 times in volume and more than […]
The share of term deposits in the total deposits rose in the first quarter of FY26, even when the share in the deposits of ‘households’ decreased years ago, according to RBI’s quarterly statistical returns from RBI. Term set positos registered a growth (year-on-year) of 13.5 percent, which considerably exceed the growth of saving deposits of […]
States that offer subsidies have witnessed a stronger acceptance of electric two -wheelers, an indication of financial incentives that influence consumer behavior, according to Reserve Bank or India Bulletin. “Various studies have shown that monetary stimuli such as discounts, tax credits and lower registration costs are improving EV acceptance by reducing the initial purchase costs […]
This was supported by profit in non -less diseases, which registered a rare positive sentiment of 0.4, a remarkable shift of -3.4 in May | Photocredit: Reuters The Reserve Bank of India (RBI) released the results of the Tour of July 2025 of the Urban Consumer Confidence Survey (UCCS) on Thursday, which showed a marginal […]
