Bank credit grew 14% while deposits grew 11% year-on-year, highlighting concerns over asset-liability mismatches. RBI emphasizes the need for banks to address the gap. Governor stresses the importance of maintaining a balance between assets and liabilities.
Gold rises but investors stay cautious about ‘hawkish’ Fed tone
Gold prices saw a slight uptick on Tuesday, despite a minor dip in expectations for U.S. interest rate cuts. Investors are cautiously awaiting the Federal