“In terms of the debt ratio, India right now at the end of 2022, we’re projecting it at about 84 per cent of GDP. That is higher than in many emerging economies,” Paolo Mauro, Deputy Director, Fiscal Affairs Department, International Monetary Fund, said. Of course, India has a lot of special features being the most populous country in the world by now and being a very large, emerging economy, he said.
AU Small Finance Bank Q2 profit jumps 53% to Rs 858 crore
AU’s gross non-performing assets ratio fell 42 basis points (bps) to 1.99% at the end of September. This helped in 25% lower provision at Rs