Indian Central Bank Tightens Scrutiny of Credit Activity
The Reserve Bank of India has decided to intensify its measures to control credit activity amid growing concerns over excessive borrowing. This decision is part of efforts to maintain financial stability and minimize risks related to a potential rise in loan defaults. The bank's monetary policy committee plans to closely monitor credit institutions as the country grapples with concerns about the sustainability of economic growth and possible negative consequences associated with rising debt.
Continue readingThailand Announces $78 Billion Borrowing Plan: Economy Will Not Suffer
The Thai government has unveiled an ambitious borrowing plan of $78 billion, assuring investors that this will not exert pressure on the financial markets. The country's finance minister stated that this measure is essential for ensuring sustainable economic growth and funding various social programs. In the context of global instability and rising interest rates, borrowing is seen as a way to support domestic demand and modernize infrastructure.
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