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Indias Pharma Sector Sees Demand Upsurge, Growth Prospects Brighten

India's Pharma Sector Sees Demand Upsurge, Growth Prospects Brighten

Improved demand in key export markets boosts outlook, pharma companies eye single-digit revenue growth in FY25, despite...

3 May 2024 6:19 PM IST

The recent data on bank credit released by the Reserve Bank of India (RBI) reveals that the contraction in incremental credit outstanding to the services as well as the industrial segments, offset the entire growth in credit to the retail segment during the seven months of this fiscal. Within services, the credit outstanding to NBFCs has increased.

Bank credit rose 15 pc in December

Chennai: Bank credit rose by a robust 15 per cent in December, supported by 20 per cent growth in retail loans and 35...

6 Feb 2023 12:52 PM IST