Indian fintechs see major improvement in profit outlook https://ift.tt/cJkOlCx for Indian fintechs is recovering faster than the rest of the world with a 30% increase in the first half than last year's second half, but it still remains lesser than the corresponding half last year, it said.
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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