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Markets
RBI urging banks, NBFCs to go for stress-test is a timely advice
RBI supersedes board of Abhyudaya Cooperative Bank
Eco Buzz
Wedding season buoys consumer mkt
Forex reserves jump $5.08 bn to $595.40 bn
Money
Finance Min urges NBFCs to exercise caution in lending without over extending
Banks
Moderation likely in unsecured lending: SBI chief
Union Finance ministry pins hopes on falling oil prices to keep inflation in check
NBFCs to see assets growth lower than 16-18%: CRISIL
RBI Governor notes rupee stability amidst global volatility
Trendz
5% of UPI transactions to be voice-enabled in 2-3 yrs
Unsecured loans space credit positive for banks: Moody’s
Goldman Sachs sees GDP slowdown in 2024