Indian banks are unlikely to raise deposit rates further due to slowing credit growth and a recent cash reserve ratio cut. The influx of liquidity ensures sufficient funds for lending, stabilizing deposit rates near their peak. Any rate reduction hinges on the central bank lowering the benchmark repo rate, potentially triggered by easing inflation.
Paul Black’s 3 thumb rules for identifying great wealth creators
Veteran portfolio manager Paul Black’s investment framework focuses on identifying businesses with competitive advantages that strengthen over time. His three key rules emphasise widening moats,