Page 3 - Rbi Data News Today

Fresh inflows under various non-resident deposit schemes doubled to $6.1 billion in April-October 2023 from $3.05 billion in the same period of the last year, a recent Reserve Bank of India (RBI) data showed.

On Wednesday, RBI governor Shaktikanta Das said these lenders should diversify their sources of funding and not rely too much on bank loans

Indias forex reserves increases by $1.153 billion to $585.895 billion

Express View: But there are limits to loan-driven consumption. A weakening of debt-led household consumption could have implications for the momentum in the broader economy

According to data released on September 28 by the Reserve Bank of India, Indias Current Account Deficit surged to $9.2 billion in the first quarter of 2023-24

A high savings rate is a prerequisite for high economic growth

"We closed FY23 with a loan book of Rs 4 lakh crore, and the demand for refinance and direct funding is so strong that I am confident of clocking 25 per cent growth in asset creation this fiscal, which will take our total loan book to Rs 5 lakh crore or more by March 2024," Sidbi chairman S Raman told reporters here on Tuesday on the sidelines of a Sidbi-organised global SME financing summit as part of the just-concluded the G20 Summit.

The US received Rs 1.24 lakh crore (13.6 per cent share) and the UK got Rs 1.16 lakh crore (12.8 per cent) as ODI from India in FY2023.

The RBI releases quarterly HPI based on transaction-level data received from the registration authorities in ten major cities. The cities are Ahmedabad, Bengaluru, Chennai, Delhi, Jaipur, Kanpur, Kochi, Kolkata, Lucknow, and Mumbai. "All India HPI growth (y-o-y) inched up to 5.1 per cent in Q1:2023-24 from 4.6 per cent in the previous quarter and 3.4 per cent a year ago; annual growth in HPI varied widely across the cities - ranging from the high growth of 14.9 per cent (Delhi) to a contrac...

On a sequential (quarter-on-quarter) basis, all-India HPI increased by 2.6 percent in Q1:2023-24