Bond traders increased bets on interest-rate cuts despite Federal Reserve pushback. Inflation cooling signaled potential rate cuts. Powell emphasized no rush to shift policy, waiting for more evidence against inflation.
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,
Next year, Bajaj Finserv is paving the way for a dynamic foray into pensions and wealth management, setting the stage for a robust financial future.
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