Best of BS Opinion: Revising consumption basket, Narrowing divide, more
Here is the best of Business Standard's opinion pieces for today
 "Listed small finance banks (SFBs) posted a decline in net profit by 0.6 per cent year-on-year (Y-o-Y) to Rs 1,300 crore during the first quarter of FY25 as provisions and contingencies more than doubled Y-o-Y to Rs 1,277 crore. Sequentially, the decl")
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Both Union Finance Minister Nirmala Sitharaman and Reserve Bank of India Governor Shaktikanta Das recently expressed concern over the wide gap between credit and deposit growth in the banking system. In this regard, our lead editorial notes, given the competition for funds, banks would have to sacrifice a bit on the margin front to attract deposits and keep their balance sheets more stable. Read here
In other views
India’s potential for decades of high growth demands creation of millions of high-quality jobs in labour-intensive industries, writes Naushad Forbes. Read here
S Chandrasekhar and Amitava Saha note that measuring inflation precisely is of utmost importance to the RBI, which is mandated to target an inflation rate of 4 per cent, plus or minus 2 per cent. Read here
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 "After hitting a low of 4 per cent last fiscal year, private consumption growth is set to strengthen this fiscal. Consumption growth has been slow to recover due to the incomplete recovery of incomes from the pandemic’s impact. However, this fiscal ye")
 "Invention")
 "Bangladesh protest")
 "In a volatile global landscape, sustained growth rate of more than 7 per cent is quite a challenge")
 "developed India")
Topics : BS Opinion BS Special Curated Content
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First Published: Aug 15 2024 | 6:30 AM IST