high interest rates - Wander City

Indian banks in a squeeze as interest rates soar: S&P Global – The Times of India

alishpagda08@gmail.com5 months ago04 mins

The Indian banking sector is undergoing pressure, weighted by slowed growth in loans amid high interest rates, according to a report by S&P Global Market Intelligence.The report estimated that loan growth across six of India’s largest banks, including private and state-owned, will plunge to 12.3 per cent in the fiscal year ending 31 March 2025,…

‘When govt prioritises crony businesses’: Rahul Gandhi as trade deficit, imports hit record high | India News – Times of India

alishpagda08@gmail.com6 months ago02 mins

NEW DELHI: Flagging trade deficit and imports hitting record high, Leader of Opposition in Lok Sabha, Rahul Gandhi on Wednesday hit out at the Centre for the economic woes, claiming it was a result of the government prioritising “crony” businesses over play-fair ones.“What happens when a government prioritises crony businesses over play-fair businesses? Result: Weakened…