Nilesh Shah believes the RBI’s leadership transition won’t disrupt policy continuity. India’s success in reducing debt-to-GDP ratio is lauded, while concerns about consumption are addressed with optimism for a revival in the coming months due to festive spending and government spending. The RBI’s role in balancing growth and inflation is emphasized.
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,