The focus now shifts to the monetary policy decision due on Friday from the Bank of Japan, the holdout “dove” among the world’s major central banks, along with and Governor Haruhiko Kuroda’s post-meeting briefing.
Shifting Gears: PSBs borrow more to cater to credit demand as deposits lag
Public sector banks are borrowing more to fund lending expansion. Deposits are not keeping pace with credit growth for these banks. Private banks show stronger