RBI Governor Sanjay Malhotra promoted India as a prime long-term investment destination, citing its robust growth and stability amidst global economic challenges. India’s average annual growth rate of 8.2% over the past four years makes it the fastest-growing major economy. Strong domestic demand, policy continuity, and significant foreign exchange reserves further enhance India’s attractiveness to investors.
Shifting Gears: PSBs borrow more to cater to credit demand as deposits lag
Public sector banks are borrowing more to fund lending expansion. Deposits are not keeping pace with credit growth for these banks. Private banks show stronger