Category: Finance

A higher CD ratio than the market standards can cause bigger issues in the coming days. RBI raised this concern and asked all banks to reduce their CD ratio to less than 80%. The CD ratio of credit-deposit ratio for banks is a crucial factor for the overall economy of the country which is why… Read More

On top of high double-digit credit growth and continued low credit cost, softer growth is expected in Indian Banks in the June quarter between 14-16% year-on-year. After a stable March quarter, there is a soft growth forecasted to take place in the June quarter ranging from 14-16% year-on-year, along with double-digit credit growth and continued… Read More

On Monday, EUR/USD bidders were unsuccessful in making a spotless sever of 1.0920. In the near term, the Fiber will end as a heavy technical weight on buyers. To kick off the new trading week while keeping the action of price strung out, the top end of descending price channels. As per the latest scenario, the… Read More

The budget of 2024 is most likely to announce India’s commitment to Pillar 2. Several key countries whose investment flows in and out of India have also done the same. The upcoming budget of 2024 will plausibly announce India’s commitment to Pillar 2. It seeks implementation of the global minimum effective corporate tax rate (GloBE)… Read More