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Moody’s economist Harry Murphy Cruise highlights the focus on household consumption as a significant shift, but adds that full implementation is crucial before adjusting growth forecasts.

Total deposits reached ₹1,09,690 crore, up 12.7% from the previous quarter and 12.3% year-to-date following the merger with Fincare SFB on April 1, 2024. Gross advances also rose to ₹96,030 crore, reflecting a 5.9% increase quarter-on-quarter and an 11% rise…

IDBI Bank posted a 15% rise in total business to ₹4.78 lakh crore in Q2 FY24, with net advances up 19%. Deposits grew by 11%.

The bank reported total deposits of ₹1,08,028 crore, an increase of 20% compared to the same period last year. Gross advances, which represent the total amount lent to customers, rose to ₹89,786 crore. This reflects a 15% increase year-on-year.

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Federal Bank’s Q2 FY25 business update showed a 16% year-on-year growth in total deposits, reaching ₹2.69 lakh crore. Gross advances also rose by 19% to ₹2.33 lakh crore, driven by a 23% increase in retail credit.

Adani Wilmar, popularly known for selling the ‘Fortune’ cooking oil brand, said volumes for its food and edible oil segments rose 31% and 15% in the September quarter, respectively.

As India’s investment community eyes this growth, the question arises: Should you invest in China, and if so, how? Here’s what two experts suggested.

The company anticipates retail disbursements for the second quarter of fiscal 2025 to total approximately ₹15,070 crores, representing a year-on-year growth of 12%.

On a quarter-on-quarter (QoQ) basis, net advances increased by 3%, up from ₹3.48 lakh crore in June 2024.