Growth in loans given by non-banking financial companies (NBFCs) to the MSME sector was more than three times that of banks, benefitting from their ability to offer customised financing solutions, said the Reserve Bank of India (RBI) on Wednesday. In its latest report on the performance of the banking sector during 2022-23 and 2023-24 so […]
Indian benchmark indices are likely to open on a mildly positive note, hinted SGX Nifty despite weak global cues. On the Singapore Exchange, Nifty futures were in the green at the 17,589 level. In the previous session, Sensex tumbled 1.53% to 59,745 and Nifty extended losses for a third session, closing with sharp cuts at […]