Does leap year spell doom for Nifty, Sensex in 2024?
Volatility has been the hallmark of leap years since the onset of this millennium
Volatility has been the hallmark of leap years since the onset of this millennium
Profit of Indian lenders grew 38.4% in 2022-23, led by strong growth in net interest income and significant reduction in provisions
In FY22, scheduled commercial banks recovered ₹92,564 crore via multiple channels such as Lok Adalats, Debt Recovery Tribunals, IBC, and SARFAESI Act.
FM Nirmala Sitharman says PSBs also recovered ₹4,80,111 crore, including a recovery of ₹1,03,045 crore from written-off loans, during this period.
RBI says global economic outlook is shrouded by uncertainty due to Russia-Ukraine war, front-loaded monetary policy normalisation and multiple Covid-19 waves
RBI’s income for 2021-22 increased by 20%, while expenditure grew a whopping 280%; transferred surplus worth ₹30,307.45 crore to govt.