Private sector banks met their priority sector lending targets for the first time in 2023-24. This includes targets in areas like agriculture. They outperformed public sector banks. Permitting investments in priority sector lending certificates helped meet these goals. Private sector banks are leading in selling these certificates, accounting for 49% of total sales in FY24.
Dollar set for weekly gains as yields surge, Fed bets build
The dollar has achieved consecutive weekly gains for the first time in over three months, bolstered by rising Treasury yields. Anticipations of additional rate hikes