Non Performing Assets dropped to 2.1 percent

The Reserve Bank of India (RBI) released a report on Non-Performing Assets(NPA) on Monday. As per the report, the gross non-performing asset (GNPA) ratio fell to a multi-decade low of…

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Rupee depreciates: RBI’s dollar sale Intervention

Recently Rupee Sinks to Record Low and passed the 90 per Dollar. Persistent foreign fund outflows also weighed on the local unit. The rupee depreciates due to multiple reasons.The RBI…

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India’s fiscal deficit stood at 50.7% of annual estimates

According to data released by the Controller General of Accounts (CGA) on, December 29 the government’s fiscal deficit at the end of November stood at ₹9.06 lakh crore or 50.7…

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