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Provisioning impact of draft project finance norms seen at 10-20 bps for banks: report

Provisioning impact of draft project finance norms seen at 10-20 bps for banks: report
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

RBI draft rules for project finance may raise provisioning burden on banks, says report

RBI on May 3 proposed to lenders that they set aside higher provisions for under-construction infrastructure projects and asked them to ensure strict monitoring of any emerging stress

Growth in FMCG will revive post-monsoon, lower food inflation will boost demand

Growth in FMCG will revive post-monsoon, lower food inflation will boost demand
aninews.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from aninews.in Daily Mail and Mail on Sunday newspapers.

Indian rupee to appreciate to Rs 82–82 50 in FY25 Says CARE Ratings

The Indian rupee is expected to appreciate to about Rs 82–82.50 in FY25 while in the near term, it will trade between Rs 83-83.50 against the US dollar, a top economist with CARE Ratings said.

Health and Motor Insurance Drive Non-Life Insurance Industry Growth in India FY24

The non-life insurance industry in India witnessed robust growth in FY24, with health insurance premiums exceeding Rs 1 trillion and motor insurance crossing Rs 90,000 crore mark. Government schemes like Ayushman Bharat contributed significantly to the growth. Industry experts project a medium-term growth rate of 13-15% driven by health and motor insurance segments.

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