Global Banks like Barclays, Citi, and JPMorgan engaged in negotiations to Help improve credit-to-deposit ratio
Read MoreThe US Fed's next meeting is scheduled to take place on 17-18 September 2024
Read MoreState Bank of India's stake sale faces uncertainty as RBI hesitates over Foreign buyers holding 51 per cent in Yes Bank
Read MoreAxis Bank faces penalties for violating KYC, interest rate, and Agricultural loan norms while HDFC Bank Fines over customer service and Recovery agent issues
Read MoreIn terms of portfolio allocation, if you have a solid equity exposure, it is advisable to allocate around 30 per cent to 40 per cent of your portfolio to flexi cap funds
Read MoreOn a year-on-year basis, credit growth stands at 13.6 per cent, a decline from 19.6 per cent in the previous year, while deposits have grown by 10.9 per cent
Read MoreIt also anticipates another rate cut of 50 bps during the fiscal year 2025, as the central bank aims to manage inflation and support economic growth
Read More“We anticipate that deposit growth will decelerate to 11.2 per cent YoY in fiscal year 2025,” the report says
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