The 'Dun & Bradstreet - Polaris Financial Technology Banking Awards 2012' seeks to recognise the growth and resilience of the Indian banking industry.
Inflation may touch the six per cent-mark by the end of this fiscal due to surging food prices and decline in agricultural output, research firm Dun & Bradstreet said.
"We are maintaining our forecast of eight per cent growth for the current financial year despite the dwindling global economic scenario," Dun & Bradstreet India Chief Operating Officer Kaushal Sampat said. The global credit crisis might have slight impact on the Indian economy, but there would not be any significant impact as the financial institutions in the country were insulated, and regulators should be given credit for this, Sampat added.
The Dun & Bradstreet Composite Business Optimism Index stands at 81.1 during the 2nd quarter of 2016
The top line growth for the 500 companies slowed down to 8.7 per cent.
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