Alignment with 4% inflation target may occur in latter part of the year: RBI report
Mumbai: The Reserve Bank of India's (RBI) latest monthly bulletin, released on Thursday, indicates that achieving a sustained alignment of inflation with the 4 percent target may occur in the latter half of the year.
Mumbai/IBNS: The Reserve Bank of India (RBI) expressed concern over the increase in subsidies announced by the states underscoring the adverse impact on their financial health.
Banks' balance sheet jumps in double digits after 7 years, says RBI report
Mumbai/IBNS: The balance sheet of Indian banks continued to improve in the financial year 2021-22 showing a double-digit growth after a span of seven years, the Reserve Bank of India (RBI) said in its annual report on the trend and progress of banking in India.
PSU Banks' Gross NPAs drop to 6.9 pc in Sept 2021 against 8.2 pc in March 2020: RBI report
Mumbai/IBNS: The gross non-performing assets (NPAs) of scheduled commercial banks (SCB) as reduced to 6.9 percent at the end of September 2021 from 7.3 percent at the end of March 2021, the Reserve Bank of India said in its report on Trend and Progress of Banking in India 2020-21.