Expectations Galore as Countdown begins for Union Budget 2022

Posted: January 18, 2022 at 3:48 am | Author: Manish Marwah

Annual budget, which is the biggest economic event of the country, will be keenly watched this time too; wish list is ready from industry to salaried class If the last year’s budget is any reference point of the government’s intention, then we could expect a growth oriented budget this time too. But the government is also likely to […]


Not the Right Time to Tighten Interest Rates

Posted: January 13, 2022 at 3:19 am | Author: Manish Marwah

Unlike its global peers rushing in to end the easy monetary policy, the Reserve Bank of India (RBI) may not be inclined to raise interest rates to stem inflationary pressures just when the nascent economic recovery is under threat from the Omicron variant of Coronavirus. Both the government (whose aim is to boost growth) and […]


Gross Non-Performing Assets of SCBs down; but projections for 2022 cry for attention

Posted: January 6, 2022 at 10:35 am | Author: Manish Marwah

Banking concerns in India

The Gross Non-Performing Assets (GNPA) of Scheduled Commercial Banks (SCB) has dropped to 6.9 per cent by September 2021 end, which was 7.3 per cent as of March 2021. Bad debts set to rise up to 8.1 per cent by September 2022 under the baseline scenario and to 9.5 per cent under a severe stress […]