In the first quarter of FY 22, the economy grew 20.1 per cent. For the fiscal 2022, RBI has estimated real GDP growth to be at 9.5 per cent — 7.9 per cent in Q2, 6.8 per cent in Q3 and 6.1 per cent in Q4.
According to the report, only about Rs one lakh crore worth corporate loans may opt for debt restructuring as against the earlier estimate of Rs 7 lakh crore
Reserve Bank is unlikely to cut repo rate in the February review meeting due to the prevailing global uncertainties and it's stance may continue to be accommodative next year as inflation is expected to remain benign, according to a report.
Restricting lending limits for large borrowers will clearly help the banks to reduce their NPA levels going forward, an SBI research report has said while lauding the draft RBI guidelines in this regard
According to the research report, after two successive years of drought, the prediction of above normal monsoon will bring cheers to every sphere of the economy.
According to an SBI Research report, the e-retailing, which comprises online retail and online marketplaces, has become the fastest-growing segment in the larger market having grown at a CAGR of around 56 percent during 2009-14. The e-retail market was around USD 6 billion in 2015.