RBI has announced that for the week ending September 11, bank credit jumped by 5.26 percent to 102 lakh crore INR. Deposits jumped by nearly 12 percent to Rs 142 lakh crore.
Ruchir Sharma has been tracking emerging markets for years and he has been reminding business community about the factors that are important for countries to stay on growth path.
Indian markets witnessed a strong opening for the trading week on Monday suggesting that Bulls are in charge and we could see markets cross major resistance levels.