Month: January 2021
Economic recovery is a long road ahead; don’t get swayed by stock market boom, recent growth indicators
Posted: January 22, 2021 at 5:47 am | Author: Manish Marwah

From the record June Quarter lows to real GDP projections for Q3 quarter and onwards, it may appear that we have come some way, we are still quite far from any reasonable recovery India’s Economic Indicators have been encouraging, with the stock market booming over the last 6 months. Are these signs of recovery […]
RBI’s latest Financial Stability Report suggests further shocks for banking sector; risks to domestic financial stability staring banks
Posted: January 21, 2021 at 12:39 pm | Author: Manish Marwah

Gross bad loans on banks’ balance sheets could rise to 13.5 per cent by 30 September 2021 according to the estimates given by the Reserve Bank of India (RBI). This is against 7.5 per cent in September 2019 The Indian banking system is headed for a big shock as gross bad loans on banks’ balance […]