The rupee on Thursday climbed 19 paise to close at 68.92 against the US dollar.
India’s central bank injected a total liquidity of Rs 2.98 lakh crore in the market in 2018-19, a report published by the bank said on Thursday.
The share of public sector banks in lending to micro, small and medium enterprises (MSME) has been declining although overall lending to the sector has expanded rapidly.
As a large number of micro, small and medium enterprises (MSMEs) and retail loan accounts slipped into the doubtful III category, State Bank of India (SBI) put Rs 8,453 crore worth of such bad loans on sale during the quarter ended March.
Seven in 10 consumers in India are willing to share personal information like location data and lifestyle information with their bank and insurer in exchange for lower pricing on products and services, a new report from Accenture said on Thursday.
While NDA government have consistently made is that the GDP figures are accepted by global organisations, International Monetary Fund's (IMF) Chief Economist Gita Gopinath has expressed doubt over India's growth rate.