What does RBI's Financial Stability Report reveal?
The stress tests in RBI’s Financial Stability Report showed that banks are capable of absorbing shocks even under adverse situations.
Source: livemint.com
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Top News In Stability Report Today - Breaking & Trending Today
India's Nine-High Year High Current Account Deficit Set to Worsen Further: Deloitte Report
While noting that the pressure on the rupee is "worrisome", the Deloitte report pointed out that India may consider restricting import of non-essential items besides looking for cheaper import options.
Source: thewire.in
Despite headwinds, Indian financial system resilient, says RBI report
The RBI has tried to temper expectations about the economy by pointing out that India is still confronting strong global headwinds though sound macroeconomic fundamentals and healthy financial and non-financial sector balance sheets are providing strength and resilience and engendering financial sys
Source: tribuneindia.com
High Trade Gap Pushes Current Account Deficit to a Record $36.4 Billion in Q2 of FY23
In the first quarter of the current fiscal, India's current account balance recorded a deficit of $18.2 billion, or 2.2% of the GDP. In the year-ago period, it recorded a CAD of $9.7 billion, or 1.3% of the GDP.
Source: thewire.in
10% of home loans given to foreign buyers
The interest of foreigners in houses in Portugal has increased significantly in recent years and this is reflected in the figures for mortgage loans granted...
Source: theportugalnews.com