India's banks turn to consumer loans to counter corporate slowdown
Meanwhile, retail borrowers have escaped largely unscathed, with income levels still growing, albeit at a slower pace, and no large-scale job losses.
Apr 20, 2015, 08:17 AM ISTRBI rate cut good for business, will boost demand: Revenue Secretary
RBI's decision to cut interest rate augurs well for business and will prompt people to go in for housing and consumer loans which will boost demand and growth, Revenue Secretary Shantikanta Das said Wednesday.
Mar 04, 2015, 13:34 PM IST