With stabilizing asset quality, improving liquidity, and emerging rate tailwinds, the sector is poised for steady growth. The overall macroeconomic environment is improving with increased government spending and RBI's measures to ease liquidity constraints.
Pakistan’s exports of textiles and clothing have contracted by 14.63 per cent year-on-year to USD 16.50 billion during the outgoing FY23 due to higher production costs, liquidity constraints and lower global demand, Dawn reported.
Singapore, May 19 (ANI): Disruptions from the coronavirus outbreak will worsen economic slowdown in India that has been underway in the past year, accelerating the deterioration in asset quality at non-bank financial institutions (NBFIs), Moody's Investors Service said on Tuesday.
New Delhi [India], Feb 17 (ANI): Considerable liquidity constraints witnessed in the economy during second half of 2018 are likely to continue for the remaining fiscal year (January to March 2019), according to a joint survey by Federation of Indian Chambers of Commerce and Industry (FICC