The Reserve Bank of India’s Monetary Policy Committee is expected to focus on faltering economic growth rather than inflation during its December 4-6 meeting. Despite calls for lower interest rates, the RBI’s commitment to controlling inflation and promoting financial stability may prevent a rate cut, even as growth targets face challenges.
Indian Bank Q1 Result: PAT jumps 24% to Rs 2,973 crore on lower NPA provisions
Indian Bank reported a 24% YoY rise in Q1 net profit to Rs 2,973 crore, aided by sharply lower NPA provisions. Asset quality improved, with