{
Resurgent India Ltd.

Companies

}
India poised for 7 percent growth in FY25 amid global uncertainties
India is projected to achieve a 7% growth in FY25, driven by a strong Rabi crop and robust domestic demand, according to Jyoti Prakash Gadia, Managing Director at Resurgent India. However, he notes potential moderation in growth in the following years. The timing of interest rate cuts will depend on inflation trends and global conditions, with the RBI remaining cautious.
Moneycontrol
Resurgent India Ltd. IND Jyoti Gadia
Finance & Economy, Market Report
02:28 22.11.2024
PSU banks outperform private banks in Q2FY25 profitability and asset quality
In Q2FY25, state-owned banks outperformed private banks in profitability and asset quality, with net profit growth ranging from 23-51%, compared to 4-40% for private banks. Public sector banks benefited from improved net interest margins and controlled deposit costs, despite facing penalties from RBI regulations.
Moneycontrol
Resurgent India Ltd. IND Jyoti Prakash Gadia
Finance & Economy, Market Report
12:06 30.10.2024
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