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Banks use quality liquid assets to fund credit growth: RBI report

Credit offtake outstrips deposit growth

Banks use quality liquid assets to fund credit growth: RBI report The decadal high credit growth amid slow deposit accretion and tight liquidity conditions have meant that banks are drawing down their high-quality liquid assets (HQLAs) to fund the demand for credit in the economy, the Reserve Bank of India’s (RBI) Financial Stability Report said. ...

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Should Indian states also levy an income tax?

The Budget estimated direct tax collection at Rs 14.20 trillion in FY23, higher than Rs 14.10 trillion collected last fiscal

Should Indian states also levy an income tax? Several Indian states are now rolling out the red carpet to India Inc. for investment. Some of them, like Punjab and West Bengal, need it more than the others. An RBI report recently highlighted the grim fiscal condition of ten states. And of them, five seem to be in dire condition. So ...

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6 metaverse crypto coin projects to invest in 2023

6 metaverse crypto coin projects to invest in 2023 [ad_1] Doom and gloom might have been the sentiment pervading the market since the crash of the Terra ecosystem, but the crypto asset class has never been known to be down for too long. The current bear market is expected to be nothing more than a blip in the market’s long-term ...

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