Dinesh Unnikrishnan

The arguments by MPC member Nagesh Kumar in favour of a rate cut were based on a pressing need to support the slowing economy with a cut in interest rates. Ram Singh too supported this view.

As the smaller NBFCs fail to raise money from the bond market at attractive rates, they are left with only two options - either shrink their credit growth or borrow at a higher rate from banks

it’s not just you and me—there are a few others who also want to share their big resolutions for 2025

If there is rising stress at the bottom of the pyramid, such as in sensitive gold loan and microloan portfolios, the RBI should be worried. It should acknowledge the problem rather than pretending all is well in the economy.

Overall, the data shows that bank credit marked a slowdown in the year 2024, falling to 10.6 per cent from 20.9 per cent, with only loans to industries showing a pickup.

Business updates of banks suggest slowdown in credit growth and rise in stress across certain categories. Do these signal suggest a deeper demand slowdown?

An analysis by CareEdge Ratings highlights worsening delays in the corporate insolvency resolution process (CIRP). By September 2024, over 71% of ongoing CIRPs exceeded the 270-day completion timeframe, up from 63% in September 2022 and 67% in September 2023.

The amendment to the Kerala Revenue Recovery Act, 1968, will allow the state to intervene in the recovery process. It lets the defaulter to either take back the attached property or sell to repay banks

It's not just a funding squeeze that's a bother for MFIs, their asset quality too has shown deterioration in 2024 and there are regulatory concerns on lending discipline

Missing the large-ticket reforms in the next five years will put Indian banks one step back. Privatising India's dozen PSBs has been a tough task and an unkept promise