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Bank credit growth slows to 11% from over 20% in year – Times of India

MUMBAI: Bank credit growth has slowed to 11.1% as of Nov 15, 2024 compared to 20.6% last year. Even after adjusting for...

At $2 billion, travel adds most to foreign spends in August – Times of India

MUMBAI: Indians spent $3.2 billion overseas in August 2024, with most of it on travel, overseas education and maintenance of relatives. After...

Forex kitty rises $2.8bn to another high, nears $700bn – Times of India

MUMBAI: India's foreign exchange reserves continued to rise for a sixth straight week to a record high of $692.3 billion as of...

Foreign spends slide 44% to USD 2.2 billion in June as TCS bites – Times of India

MUMBAI: The tax collection at source on external remittances made from India appears to have had a dampening impact on Indians' spending abroad. Total...

Bank credit continues to outpace deposit growth – Times of India

MUMBAI: The annual increase in bank credit continues to outpace deposit growth by a high margin even after the base effect created by the...

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