Bank loans to industry and services grow, retail lags in February
Agricultural loans grew by 20.1%. Fresh loan rates at 9.36%. External Benchmark-based Lending Rate loans rose to 56.2%. Commercial real estate loans surged by 37.9%.
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Agricultural loans grew by 20.1%. Fresh loan rates at 9.36%. External Benchmark-based Lending Rate loans rose to 56.2%. Commercial real estate loans surged by 37.9%.
Information Technology (IT) sector witnessed further deceleration in sales growth (y-o-y) to 3.2 per cent from 5.9 per cent in the previous quarter and 19.4 per cent a year ago. Non-IT services companies remained on high growth trajectory with sales rising 12.9 per cent (y-o-y) in the 2023 December quarter over and above 19.9 per cent growth in the corresponding quarter of last year.
Carjackings and car thefts are up significantly compared with the number of incidents before the pandemic, prompting fear and calls for action in many American cities. Motor vehicle thefts increased by 29% in 2023 compared with the previous year, while carjackings slightly decreased by 5% in nearly 40 American cities, according to the Council on Criminal Justice’s most […] The post Car thefts and carjackings are up. Unreliable data makes it hard to pinpoint why. appeared first on Daily Montanan.
The direct tax collections outperform indirect taxes for the centre but account for less than 40 percent of India’s overall tax revenue.
RBI has been keeping liquidity tight in the banking system in tune with the “withdrawal of accommodation” monetary policy stance to ensure that inflation progressively aligns with the target while supporting growth.