Though international uncertainty remained elevated in the wake of US commerce tariffs and renewed issues over fiscal well being of superior economies, the Indian financial system exhibited marked resilience as evident from the five-quarter excessive development throughout the first quarter (Q1) of fiscal 2025-26, propelled by home drivers, the article famous.
GST reforms should progressively result in a sustained positive affect by way of key beneficial properties in ease of doing enterprise, decrease retail costs and strengthening of consumption development drivers, an article in the Reserve Bank of India Bulletin stated.
The rising function of NBFCs in credit score provision, particularly to the economic and retail sectors, is mirrored in their rising credit-to-GDP ratio, one other article famous.
Consumer value index (CPI)-based headline inflation edged up however remained properly under the goal fee for the seventh consecutive month. System liquidity remained in surplus facilitating the move by way of of coverage fee cuts.
Indian fairness markets witnessed bidirectional actions throughout August-September. India’s present account deficit moderated in Q1 over final yr, supported by sturdy providers exports and powerful remittances receipts, the article added.
The growing function of non-banking monetary corporations (NBFCs) in credit score provision, particularly to the economic and retail sectors, is clearly mirrored in their rising credit-to-gross home product (GDP) ratio, stated one other article titled ‘Review of Performance of the NBFC Sector’.
At end-December 2024, the monetary well being of the sector remained robust, as mirrored in key indicators reminiscent of return on belongings, capital to risk-weighted belongings, and non-performing belongings, it noticed.
The empirical evaluation exhibits that there’s transmission of financial coverage impulses to NBFCs’ borrowing and lending charges, albeit, incomplete, it added.
Fibre2Fashion News Desk (DS)