Amid the concerns of declining deposits at banks, CareEdge Ratings anticipated that the credit-deposit ratios may pose a concern to the Non-Banking Financial Companies (NBFCs).
The Reserve Bank of India (RBI) may begin lowering interest rates around October, provided that external factors like weather conditions and international commodity prices do not cause any disruptions, the credit rating agency, Crisil said in its report.
Kugelman emphasized that the Awami League, Hasina's party, is currently sidelined, with no representation in the interim government. However, he noted that if unrest persists, the Awami League might regain favour in future elections.
In an interview with ANI, Kugelman said, "A few stories are playing out in Bangladesh that deserve more scrutiny, investigation...the issue of attacks and threats on minorities, particularly the minority Hindu communities. We know the documented cases of members of the Hindu society being
Chennai (Tamil Nadu) [India], August 10: Dr. Kamakshi Memorial Hospital inaugurated a new High Dose Rate Brachytherapy system Flexitron, a robust and precise treatment delivery unit for cancer. Brachytherapy is a form of radiation therapy where a radioactive source is placed inside/near to t
After Neeraj Chopra won the silver medal at the ongoing Paris Olympics, Rajasthan Sports Minister Rajyavardhan Singh Rathore said that the Indian javelin thrower is a "legendary athlete".
New Delhi [India], August 9: Do you want to study abroad or at your favourite tier-1 college, but monetary reasons stop you? Well, education is the greatest gift of life, and you will never regret getting it. It will grant you independence and self-sufficiency and give you a good life.
New Delhi [India], August 9: Investors can generate fixed income by investing in debt funds. These funds invest in fixed-income securities like treasury bills, corporate bonds, commercial papers, government securities, and other money market instruments. These instruments have a fixed maturi
The Indian benchmark indices traded weak after opening on a negative note on Thursday, reacting to the unchanged policy repo rate announced by the Reserve Bank of India
BOB also cautioned that the rate cut could be further delayed if inflationary pressures persist. With the Monetary Policy Committee (MPC) voting 4-2 in favour of maintaining the current policy stance, the decision underscores a growing divide among its members regarding the direction of mone
At the post-monetary policy press briefing, RBI Governor Shaktikanta Das said that GDP growth figures in the US are doing well and it was not right to rush to a conclusion that the country was slowly slipping into recession.