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economic recovery

Bank

Finance Ministry Urges Public Sector Banks to Resolve Small Debt Defaults through Haircuts

Nidhi Mishra -
The Finance Ministry of India has urged Public Sector Banks (PSBs) to proactively address small debt defaults by considering haircuts, marking a significant step...
Business

Encouraging Sign: Unemployment Rate Drops to 6.8% in January-March 2023, Reveals NSO Survey

Nidhi Mishra -
The latest survey conducted by the National Statistical Office (NSO) brings positive news for the Indian economy as the unemployment rate witnessed a decline,...
Bank

India’s Exports to Germany Experience Double-Digit Surge in Post-Pandemic Recovery

Nidhi Mishra -
India's exports to Germany have witnessed a notable double-digit surge in the post-pandemic period, signaling a strong recovery in bilateral trade between the two...
Bank

Indian Banks’ Profitability to Stabilize, Asset Quality to Improve: S&P

Nidhi Mishra -
S&P Global Ratings, a leading credit rating agency, has forecasted that Indian banks' profitability is set to stabilize, while their asset quality is expected...
Bank

Indian Banks in Good Shape, but Caution Advised: N S Vishwanathan

Nidhi Mishra -
N S Vishwanathan, former Deputy Governor of the Reserve Bank of India (RBI), has acknowledged the overall positive state of Indian banks but advises...
Bank

Stubborn funding squeeze risks derailing India’s economic recovery

Nidhi Mishra -
India's economic recovery from the impact of the COVID-19 pandemic faces a significant threat as a stubborn funding squeeze looms over the country. Despite...
Bank

Fitch affirms India’s sovereign rating at ‘BBB-‘ with stable outlook

Nidhi Mishra -
Fitch Ratings, one of the leading credit rating agencies, has affirmed India's sovereign rating at 'BBB-' with a stable outlook. The rating reflects India's...

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