Recent reports indicate that India’s gross domestic product (GDP) touched US $ 3.75 trillion by FY23 and is well poised to reach the US $ 5 trillion mark by March 2026 if it sustains a.
Financial stability report (FSR) – June 2023 released by RBI affirms the growing stability of the banking sector. Banks’ annual results for FY23 had already demonstrated their progressively rising strength during post covid times. The.
Business models of banks and identifying their inherent risks have assumed greater significance after the US banking crisis exacerbated collateral risks to the sector. It was known that the failure of Silicon Valley Bank (SVB),.