Asian shares fell as Wall Street traders held back on big bets before Friday’s US jobs report. US contracts slipped, and key data from China expected Thursday. Investors focus on payrolls and Federal Reserve’s stance. US stock markets will close on Jan. 9 for Jimmy Carter. Rising bond yields and potential market volatility ahead.
Shifting Gears: PSBs borrow more to cater to credit demand as deposits lag
Public sector banks are borrowing more to fund lending expansion. Deposits are not keeping pace with credit growth for these banks. Private banks show stronger