However, the tight liquidity conditions plus the new applicable LCR norms plus the retail unsecured growth has been tapered off, so which is resulting in the credit growth slowdown.
When there are outflows, the rupee tends to weaken. Additionally, most Asian currencies are depreciating against the dollar. When comparing the Indian rupee to the
Currently, the government spending cycle, notwithstanding this year’s blip (which we think is a blip, and we will discuss the reasons later), looks to be
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