SHL has signed a long-term variable lease agreement in Hitec City, Hyderabad, to develop an Upper Upscale hotel with 170 – 175 rooms.
Bankers are closely watching monsoon rains and their impact on rural credit. Uneven rainfall poses inflation risks for summer crops and rural incomes. A strong
Banks’ leverage on FCNR(B) deposits could pressure profit margins. Overseas interest rates are lower, and lending spreads remain thin. This impacts banks with lower funding
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