Ratings agencies like S&P and Goldman Sachs are optimistic about India's economic outlook, citing potential upgrades based on fiscal deficit improvements and growth prospects. The RBI's annual report highlights robust GDP growth, solid investment demand, and expectations of moderated inflation. The central bank's balance sheet has swelled, with positive indicators such as increased interest income and circulation of banknotes.
#IndianEconomy is on a firm footing: #RBI annual report https://t.co/JVY51E663e
The balance sheet of RBI increased 11.08 per cent year-on-year to Rs 70.47 trillion as on March 31, 2024, helped by liquidity and foreign exchange operations. #rbi #balancesheet #income #gdp https://t.co/NmXWEa888w
Finance Minister #NirmalaSitharaman said that S&P's decision to upgrade #India's growth outlook from 'stable' to 'positive', came due to the macroeconomic changes made by the government led by PM Modi since it came into power in 2014. https://t.co/QgVY6rULGe
The Reserve Bank of India released its annual financial report on Thursday, showing that its balance sheet has grown to 2.5 times the size of Pakistan's Gross Domestic Product (GDP). The report showed that the RBI's balance sheet size surged by 11% to Rs 70.48 lakh crore… https://t.co/bX9BLxDscG
S&P Global will likely raise #India's #rating within 2 years, #Citi says https://t.co/SkjXMLh4lk
#LeadStoryOnET | #RBI's #BalanceSheet is now 2.5x the size of #Pakistan's #GDP https://t.co/FjljleP9HH
RBI has released its annual report for 2023-24, highlighting that macroeconomic fundamentals remain strong, with headline inflation expected to moderate further. More details here👇 https://t.co/9z0Eg8ZZGr #RBI #Inflation #MPC
BIG BREAKING NEWS 🚨 At US $844.76 billion, RBI's balance sheet surpasses the entire GDPs of Pakistan and Bangladesh 🔥🔥 RBI's balance sheet size is now 2.5 times the size of Pakistan's GDP. PM Modi has promised that Bharat will become economic Major Power in his 3rd term.… https://t.co/FJf35NOcqb
💰 RBI's annual report highlights: - 7.6% GDP growth - Manufacturing GVA accelerated - Services sector grew 7.9% - Unemployment rate fell - Headline inflation softened to 5.4% - FDI flows resilient - Financial inclusion index improved https://t.co/SmNl2jOQdS
The #ReserveBankofIndia’s balance sheet size rose 11.08 per cent to ₹70.48 lakh crore as of March 31, 2024, the central bank said in its annual report. https://t.co/vOAf7cFL78
#Outlook for #Indian #economy remains bright, says #RBI https://t.co/o7qDSzmoy3
RBI Annual Report 2023-2024 | Net income for FY24 at ₹2.11 lk cr vs ₹87,420 cr in FY23👇 @RBI @DasShaktikanta https://t.co/sY4rLmku65
RBI Annual Report 2023-2024 | Net income for FY24 at ₹2.11 lk cr vs ₹87,420 cr in FY23👇 https://t.co/qyAg3UhxZ8
GDP growth robust on back of solid investment demand which is supported by healthy balance sheets of banks and corporates, says RBI
Indian economy well-placed to step up growth trajectory over next decade in environment of macroeconomic and financial stability: RBI
#RBI’s #BalanceSheet size #swells 11% to Rs 70.48 lakh cr in FY24: #AnnualReport https://t.co/FjljleP9HH
Geopolitical tensions, global commodity price movements, erratic weather developments pose downside risks to growth outlook: RBI
⚠️ RBI: HEADLINE INFLATION IS EXPECTED TO MODERATE FURTHER
⚠️ RBI: **AS HEADLINE INFLATION EASES TOWARDS TARGET, IT WILL SPUR CONSUMPTION DEMAND ESPECIALLY IN RURAL AREAS **UPBEAT CONSUMER, BUSINESS OPTIMISM, STRENGTHENING OF BANKS’ BALANCE SHEETS EXPECTED TO SUSTAIN CREDIT GROWTH **GENERAL GOVERNMENT DEFICIT IS EXPECTED TO DECLINE…
⚠️ RBI: INTERNATIONAL COMMODITY PRICE MOVEMENTS, ERRATIC WEATHER DEVELOPMENTS POSE DOWNSIDE RISKS TO THE GROWTH OUTLOOK
⚠️ RBI: REAL GDP GROWTH IS ROBUST ON THE BACK OF SOLID INVESTMENT DEMAND
⚠️ RBI: INTEREST INCOME FROM FOREIGN SECURITIES AT 653.28 BLN RUPEES VS 436.49 BLN RUPEES LAST YEAR
⚠️ RBI: VALUE AND VOLUME OF BANKNOTES IN CIRCULATION INCREASED BY 3.9 PER CENT AND 7.8 PER CENT, RESPECTIVELY, DURING 2023-24
⚠️ RBI: 428.20 BLN RUPEES RUPEES TRANSFERED TO THE CONTINGENCY FUND IN FY24
#NEWSFLASH | 🚨#RBI releases annual report for 2023-24 https://t.co/gozFu2otuE
⚠️ RBI: EXCHANGE GAIN FROM FOREIGN EXCHANGE TRANSACTIONS IN FY24 AT 836.16 BLN RUPEES VS 1.03 TRLN RUPEES IN FY23
⚠️ INDIA CENBANK: SIZE OF THE BALANCE SHEET INCREASED BY 11.08% TO 70.48 TRLN RUPEES AS ON MARCH 31, 2024
⚠️ INDIA CENBANK RELEASES ANNUAL REPORT FOR THE YEAR 2023-2024
S&P Global will likely raise India's rating within 2 years, Citi says https://t.co/OT1D40rgcF https://t.co/aPM4w2L2Bu
India is well on track to become the third-largest economy in the third term of the government and become a #ViksitBharat by 2047: Finance Minister Nirmala Sitharaman on S&P Global Ratings' revision https://t.co/AXrxpUihRQ
S&P said it may raise the ratings if India's fiscal deficits narrow meaningfully such that the net change in general government debt falls below 7 per cent of GDP on a structural basis. https://t.co/qcLPOaPCI2
India's Economic Outlook Shines: Goldman Sachs Predicts 6.7% Growth @GoldmanSachs || @FinMinIndia #GoldmanSachs #GDP #IndianEconomy https://t.co/En0KpMTTsi
S&P says may raise India ratings if fiscal deficit narrows meaningfully and combined deficit of Centre and states falls below 7 pc of GDP
India's rating can be upgraded on substantial improvement in RBI's policy effectiveness and credibility in lowering inflation: S&P
Positive outlook for India reflects long-term growth prospects on policy stability, deepening reforms: S&P