The S&P 500’s forward price-to-earnings ratio, a common metric for valuing stocks, is at 16.8 times earnings – far below the nearly 22 times forward P/E that stocks commanded at the start of the year.
Banks unlikely to reduce deposit rates despite RBI easing
Following the latest repo rate decrease, bankers foresee only slight adjustments to deposit rates. The landscape, characterized by sluggish savings yields and elevated credit-deposit ratios,