CreditAccess likely to sustain business momentum amid improving asset quality https://ift.tt/zRi1yOJ is present across 14 states and one union territory. It continues to expand reach across these regions. The share of the major states including Karnataka, Maharashtra, and Tamil Nadu in the gross loans fell to 73.5% in the June quarter from 77.9% in the year-ago quarter.
Government's cash surplus tops Rs 3.4 lakh crore https://ift.tt/54P3HSG from the deceleration in government spending, higher direct tax collections and a likely sharp rise in issuances of Treasury Bills by the Centre in FY24 were factors pushing up the government's cash balances, analysts said. The flow of government cash balances to and from the banking system is a key factor that influences liquidity conditions.
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