Ashwini Kumar Tewari of SBI stated that rural growth is rebounding, supported by better agricultural yields and improved monsoon conditions. He also noted liquidity challenges within the banking sector and the need to focus on stable, retail deposits. SBI is actively implementing strategies to bolster deposit growth and ensure financial stability.
Dollar flat near one-week high as investors await Warsh’s Jackson Hole debut
The euro and sterling were subdued near one-week lows against the greenback, last at $1.1652 and $1.3597, respectively, though both remained on track for a
August 28, 2026