The survey highlights that the rural-urban consumption expenditure gap continues to shrink, with the MPCE gap narrowing to 70% in 2023-24, compared to 84% in 2011-12.
Net inflows under foreign portfolio investment surged to $19.9 bn from $4.9 bn YoY but FDI recorded an outflow of $2.2 bn vs $0.8 billion in the year-ago period ...
RBI says unsecured loans present "higher credit risk" and that its share in total credit of banks has been increasing since 2015, touching its peak at 25.5% by 2023 March ...