Versuchen GOLD - Frei
Softening growth in formal sector dragging down credit growth: Report
The Daily Guardian
|July 21, 2025
Softening growth in the formal sector is beginning to weigh on overall credit growth, according to a report by HSBC Global Research.
The report noted that, after a few years of strong growth, the formal sector is expected to slow in 2025.
"This is led by factors such as gains from strong equity markets and rising wage growth now plateauing after a strong run," the report added. India's bank credit growth, which was 16 per cent a year ago, has now declined to 9 per cent as of June 2025. A deceleration in credit growth reflects a sharp fall reflects reduced borrowing and weaker demand in the economy.
Diese Geschichte stammt aus der July 21, 2025-Ausgabe von The Daily Guardian.
Abonnieren Sie Magzter GOLD, um auf Tausende kuratierter Premium-Geschichten und über 9.000 Zeitschriften und Zeitungen zuzugreifen.
Sie sind bereits Abonnent? Anmelden
WEITERE GESCHICHTEN VON The Daily Guardian
The Daily Guardian
India ensuring energy supply from multiple sources: MEA
India is engaging with multiple countries to ensure uninterrupted energy supplies amid the ongoing tensions in West Asia, the Ministry of External Affairs (MEA) said on Monday.
1 mins
May 12, 2026
The Daily Guardian
Centre notifies Viksit Bharat-G RAM G Act
Union Agriculture and Farmers Welfare and Rural Development Minister Shivraj Singh Chouhan on Monday said the Centre has issued the notification for the Viksit Bharat-G RAM G Act, 2025, under which rural households will be guaranteed 125 days of employment annually from July 1, 2026.
2 mins
May 12, 2026
The Daily Guardian
AXAR PATEL LEADS DC FIGHTBACK AGAINST PUNJAB KINGS
In a season dominated by massive totals and explosive batting displays, the Delhi Capitals (DC) produced a composed and spirited chase to defeat Punjab Kings (PBKS) by three wickets at the HPCA Stadium on Monday.
2 mins
May 12, 2026
The Daily Guardian
Philippine Vice President impeached by lawmakers
An overwhelming majority of the House of Representatives of the Philippines voted to impeach Vice President Sara Duterte on Monday over alleged unexplained wealth and threats to have the president assassinated, as the rift between the camps of the country’s top two officials escalated.
1 min
May 12, 2026
The Daily Guardian
SENSEX CLOSES 1,312 PTS DOWN, NIFTY SLIPS BELOW 24,000
Indian equity markets witnessed sharp selling pressure on Monday as renewed tensions in the Gulf region and concerns over rising crude oil prices weighed heavily on investor sentiment.
2 mins
May 12, 2026
The Daily Guardian
LG asks DDA to build decentralised business hubs
Delhi Lieutenant Governor Taranjit Singh Sandhu has directed the Delhi Development Authority (DDA) to prepare a comprehensive and time-bound plan to develop Dwarka, Rohini and Narela as decentralised business and economic hubs aimed at attracting domestic and international investments.
1 mins
May 12, 2026
The Daily Guardian
LEBANON URGES US TO PUT PRESSURE ON ISRAEL TO STOP ATTACKS
Lebanon’s president has urged the United States to put pressure on Israel to cease fire and stop home demolitions in south Lebanon, the presidency said on Monday, as the death toll from Israeli attacks rose.
1 mins
May 12, 2026
The Daily Guardian
Govt says no immediate curbs on overseas spending or gold import
Amid concerns over India’s rising import bill and pressure on foreign exchange reserves, government sources on Monday clarified that there are currently no plans to impose restrictions on the use of international cards or raise import duties on precious metals, even as Prime Minister Narendra Modi on Sunday, stressed the need to reduce dependence on imported commodities such as fuels, gold jewellery and overseas spending.
1 min
May 12, 2026
The Daily Guardian
India’s nursing future cannot be built on traditional training alone
International Nurses Day is often an occasion to celebrate the contribution, resilience, and compassion of nurses.
4 mins
May 12, 2026
The Daily Guardian
Light rain, gusty winds likely over Delhi-NCR: RWFC
The Regional Weather Forecast Centre, Delhi, on Monday issued a nowcast warning for light rainfall accompanied by thunderstorms, lightning and gusty winds of 30-50 kmph over Delhi and NCR during the next two hours.
1 mins
May 12, 2026
Listen
Translate
Change font size