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Credit card spending in India increases 19% to 1.7 lakh crore in July 2024

Credit card usage in India increases, driven by increased consumer confidence and the convenience offered by credit card transactions

The report also highlighted a considerable increase in credit card transaction volumes, which surged by 39 per cent year-on-year
Published on Aug 31, 2024 11:54 AM IST
ANI |

Banks to focus on increasing deposits as public seeks alternate investments: FM

RBI Governor Shaktikanta Das also said that a 300 to 400 basis points gap between deposits and credit growth is seen, showing deposits as slowing.

Union Finance Minister Nirmala Sitharaman addresses the Central Board of Directors of the Reserve Bank of India in the customary post-Budget meeting, in New Delhi on Saturday. RBI Governor Shaktikanta Das also seen. (Shrikant Singh/ANI)
Published on Aug 10, 2024 07:44 PM IST
PTI |

World Bank approves $1 billion in financing for Ethiopia

ETHIOPIA-DEBT/WORLDBANK (UPDATE 1):UPDATE 1-World Bank approves $1 billion in financing for Ethiopia

World Bank approves $1 billion in financing for Ethiopia
Published on Jul 31, 2024 12:27 AM IST
Reuters |

Indian loan-taking to grow faster than GDP growth this year: SBI Capital Markets

India's 13-15% projected growth in credit is due to economic growth, formalisation, digitalisation, and premiumisation.

Credit growth in the Indian banking sector is expected to exceed nominal GDP growth in the current financial year 2024-25, growing at 13-15 per cent (Google/CollegeVested)
Published on Jul 07, 2024 04:31 PM IST

Javed Akhtar returns to screenwriting after over a decade: I’ve finished two scripts, third is in the works

Shah Rukh Khan-starrer Dunki and penned two songs, Sunoh and Va Va Voom, for the upcoming OTT movie The Archies.

Javed Akhtar makes a comeback to scriptwriting
Published on Jan 07, 2024 04:16 PM IST
ByAbigail banerji
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