Browsing Tag

FY23end

Credit card NPAs for state-run banks zoom to 18% at FY23-end: RBI

Jessica Jun 30, 2023

State-run banks' gross non-performing assets (GNPAs) from the credit card segment have doubled to 18 per cent at the end of FY23, the Reserve Bank of India said on Wednesday. It was about 9 per cent in the year-ago period and the…

Business

RBI MPC: Experts Say Interest Rates To Rise In Coming Months; Repo Likely At 5.75% By FY23-end

Jessica Jun 9, 2022

To control high inflation in the country, the RBI’s Monetary Policy Committee (MPC) has raised the repo rate in its latest policy review. Raising concerns over the rising inflation, RBI Governor Shaktikanta Das on Wednesday said it is…