Asian and US stock markets experience a decline as economic concerns outweigh optimism from interest-rate cuts. Chip stocks show signs of recovery after US-China trade tensions. Investors await updates on market trends and economic data releases.
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,