After a 21% rise in wheat in FY23 so far, will you need to pay more for roti in your plate?

October 23, 2022

Most recently, with firm demand for wheat and wheat products ahead of the festive season, wheat prices gained by 5 per cent from month-to-date and 2 per cent from the last week. Domestic supplies remain tight due to lower production this year coupled with strong

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Patchy rains may hit rural lending, banks stay cautious

Bankers are closely watching monsoon rains and their impact on rural credit. Uneven rainfall poses inflation risks for summer crops and rural incomes. A strong

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FCNR(B) deposit drive could pressure banks’ profitability

Banks’ leverage on FCNR(B) deposits could pressure profit margins. Overseas interest rates are lower, and lending spreads remain thin. This impacts banks with lower funding

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