Bajaj Finance’s shares soared 7.5% on BSE following RBI’s decision to lift restrictions on key customer acquisition products. Analysts foresee positive outcomes with improved growth visibility and potential profit CAGR.
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,