India’s Exports have seen on a tear this year. YTD (April – November), Merchandise exports have grown 50% YoY. While the decline in exports last year is…
UPI is impacting the Credit/Debit cards through two factors – one on the consumer side and one on the business side. On the consumer side, the payment…
India’s trade with China (Merchandise, Imports + Exports) reached an all-time high of almost US$10bn in September this year. This is 25% growth over…
Going into the pandemic, monetary policy in India was already accommodative. The RBI had reduced the policy repo rate by 135bps in the calendar year…
India currently has an installed base of 240,000 ATMs. Most of these, are owned by Banks while a small number of them (~11%) are white label. And the…
Bank credit growth in India has remained anaemic for the past few years. Indeed, credit growth has been slower than nominal GDP growth in five out of…
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The Indian Mutual Fund Industry has grown manifold in the last few years. The total assets managed by the industry has more than doubled in the last 5…
If consensus expectation (based on RBI’s latest Professional Forecaster’s Survey, released last week) is to be believed, India is heading for Goldilocks…
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Macro Musings