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Indian govt pushes back on key cenbank proposals fearing hit to credit growth

The Indian government is challenging central bank proposals requiring banks to allocate more funds for infrastructure and hold extra liquid assets, concerned about squeezing credit in the economy.

investing.com • 18/11/2024 - 13:17 PM

BOI

India's economic growth needs more affordable interest rates, minister says

India's finance minister calls for lower bank interest rates to support economic growth amid rising food inflation, stressing the need for affordable credit to boost industry.

investing.com • 18/11/2024 - 12:24 PM

Exclusive-India cenbank plans 2025 launch of cloud services, countering dominance of global firms

India's central bank will pilot a local cloud data storage program in 2025 for financial firms, promoting local IT partnerships and addressing affordability challenges for smaller institutions.

investing.com • 18/11/2024 - 06:12 AM

BOI

India economic activity remains strong, cenbank governor says, amid growth concerns

India's economy remains strong, but inflation poses challenges. The RBI maintains its growth forecast and is considering potential interest rate cuts amidst mixed economic signals.

investing.com • 06/11/2024 - 05:47 AM

BOI
MNDY

Strong demand revives India services PMI in October

India's services sector shows growth in October with increased demand and employment, supporting a positive GDP outlook despite rising inflation concerns.

investing.com • 06/11/2024 - 05:09 AM

Indian govt pushes back on key cenbank proposals fearing hit to credit growth

India's economic growth needs more affordable interest rates, minister says

Exclusive-India cenbank plans 2025 launch of cloud services, countering dominance of global firms

India economic activity remains strong, cenbank governor says, amid growth concerns

Strong demand revives India services PMI in October

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