Younger borrowers drive new credit growth, mid-age segment anchors loan portfolios: Report, Pg24
Young borrowers drive credit growth, unsecured loans surge, but early delinquencies rise, says CRIF High Mark report.
Explore UPSC Current Affairs articles related to Indian Economy, Planning, Mobilization of Resources, Growth, Development and Employment.
Young borrowers drive credit growth, unsecured loans surge, but early delinquencies rise, says CRIF High Mark report.
India aims developed economy by 2047, prioritising domestic savings, market-based financing, capital efficiency, and tech-driven productivity for sustainable growth.
RBI considers re-issuing UCB licenses after 20 years, favoring large credit societies with strong financials and governance track record.
World Bank projects India's FY27 GDP growth at 6.5% amid US tariff impact and domestic demand shifts.
Agriculture Ministry proposes merging Krishonnati Yojana, NMNF, and NBHM into PM-RKVY with ₹1.75 lakh crore outlay, linking funds to state reforms.
Trump's proposed credit card rate cap sparks debate in India amid rising credit card usage and high-interest rates.
Arvind Subramanian and Devesh Kapur analyze India's economic precociousness, welfare schemes, and the impact of political and cultural factors.
India's 'Goldilocks' economy navigates global shifts, requiring focus on labour-intensive growth and institutional reforms for sustained prosperity.
States voice concerns over revenue losses post-GST rationalization, demand greater fiscal autonomy and equitable Centre-State funding during pre-budget meet.
UN projects India's economy to grow at 7.2% this fiscal year, offsetting US tariffs through consumption and public investment.
Gig workers' unions demand withdrawal of 10-minute delivery for safety; experts debate regulatory framework and social security amid evolving Labour Codes.
Gig workers' strike exposes the dark side of India's booming gig economy, demanding fair wages and social security.
UN warns rising military spending jeopardizes social programs amid US military budget surge, while forecasting India's growth at 6.6% for 2026.
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