Rate hikes

Room for deposit fee hikes given sustained credit-deposit hole, stress on NIMs: RBI

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Transmission of coverage fee modifications in nonetheless being seen in lending and deposit charges and banks are anticipated to hike deposit charges additional given the sustained hole in credit score and deposit development and the impression excessive price deposit mobilisation on banks’ margins. Additionally learn:RBI to roll out money deposit facility by UPI “In case … Read more

Base Metallic Costs in 2023: Components Impacting the Market Outlook and Future Traits

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A stellar rally in 2021, adopted by the Russia-Ukraine struggle, noticed steel costs peaking within the first quarter of 2022. Nonetheless, costs tumbled thereafter. Aggressive charge hikes from the US Federal Reserve, robust greenback and weak demand dragged the costs decrease. However issues began to show round within the final quarter of the calendar yr … Read more