RBI data News

Record-Breaking $129.4 Billion Remittances to India in 2024: A Testament to Global Indian Diaspora's Strength

In 2024, Indians abroad sent a record $129.4 billion home, marking the third year remittances exceeded $100 billion. Growth is driven by skilled migration and IT sector expansion, ...

Bank Credit Growth Drops to 11% Amid Economic Slowdown

Bank credit growth has slowed to 11.1% as of November 15, 2024, compared to 20.6% last year. Even after adjusting for the HDFC-HDFC Bank merger, growth remains slower at 12.4% vers...