Indian banks will benefit from a stable operating environment and significant improvements in their solvency metrics, the report notes.
According to Moody's, the rising interest rates amid high inflation will lead to gradual increases in margins, supporting banks' revenue.
This story is from the January 20, 2023 edition of The Statesman.
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This story is from the January 20, 2023 edition of The Statesman.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 8,000+ magazines and newspapers.
Already a subscriber? Sign in
Vani Kapoor ends three-year title drought, wins 7th leg of WPGT
Vani Kapoor carded a crucial birdie on the very last hole to card 3-under 69 and twith a three-day total of 2-under 214 won the 7th leg of the Hero Women's Pro Golf Tour, title here on Thrusday.
Swiss Open: Sindhu, Srikanth, Prannoy advance to second round; Lakshya bows out
Indian badminton players PV Sindhu, Kidambi Srikanth, and HS Prannoy advanced to the second round of Swiss Open 2023 but compatriot Lakshya Sen crashed out in the opening round of the tournament, here.
Rohit Sharma defends team's aggressive batting approach
India's aggressive batting style yet again proved to be their undoing as they fell to a 21-run loss to Australia
Cash use declines as UPI to drive India's e-com market to reach $150 bn in 2026
As unified payments interface (UPI)-based transactions continue to break all records, India's e-commerce market is projected to grow from $83 billion in 2022 to $150 billion in 2026, as cash transactions decline further, a report showed on Thursday.
Global IT services firm Accenture slashes 19K jobs, tech mayhem deepens
Global IT services firm Accenture, which has a large presence in India, on Thursday announced to lay off nearly 19,000 employees amid the challenging global macroeconomic conditions and slow revenue growth.
FM Sitharaman to meet public sector banks chiefs on 25 March
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Agriculture minister launches 'DigiClaim' for claim disbursal through National Crop Insurance Portal
Union Agriculture Minister Narendra Singh Tomar today launched a National Crop Insurance Portal's digitised claim settlement module, called DigiClaim, under the ambit of the Pradhan Mantri Fasal Bima Yojana (PMFBY).
Indian stocks close in red on continued US Fed's interest rate hike, Global shares mixed
During the day, the Sensex and Nifty for a while pared some of its early losses but could not hold on to it
Missing stork recovered in Uttar Pradesh
In a respite to the Uttar Pradesh government, the forest department officials have found out the confiscated stork which went missing after it was released in the Samaspur bird sanctuary.
Immediate disqualification unlikely, say legal experts
A district court in Gujarat's Surat on Thursday convicted Congress leader Rahul Gandhi in a criminal defamation case against him over his alleged \"Modi surname\" remark in 2019 and the verdict led to questions over his status as a MP from Kerala's Wayanad.
The Most Interesting Cars at the 1000 Miglia Experience UAE
You Don't See These at Your Typical Timeand-Distance Rally
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A JOURNEY INTO THE LAND OF DIVERSITY, CULTURE, AND COLORS
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A Reporter at Large: Second Nature
How rewilders in India are working to reverse environmental destruction.
PATHS HIDDEN IN PLAIN VIEW
If you've ever seen a makeshift dirt path connecting two sidewalks, that's a \"desire path,\" also known as a desire line or game trail.
After Affirmative Action
The Supreme Court is expected to rule racial preferences in college admissions are unconstitutional. How will that change american schools and society?
INCREDIBLE INDIA
FIRST TRIP TO INDIA NEW DELHI
The Holi Festival
The Holi Festival of Colors in India is a celebration of the victory of good over evil, the destruction of the demoness Holika.
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It wasn't always this way. We were not so often the headline. Our elders' safety was not a cause célèbre. We weren't even sure that we were a "we"-can so many people with so little in common say that? Still, there were a few shared things. Cooking ingredients, tropes we were sick of. And when the attacks first started in early 2020, we found we shared another: a terrible feeling of dread.
Gajan Festival India
This photo project is based on the theme "People & Culture" of India.