Bank lending outpaces deposit growth in early Q4, pressuring resources and raising deposit rates. Lending is up 11.5% year-on-year as of January 2025, with a slowdown attributed to RBI measures and market concerns. Banks focus on reducing their credit-to-deposit ratio to manage fund costs and profit margins.
Gold heads for sharpest weekly decline in four months on Fed rate outlook
Gold prices took a hit on Friday amid strong indicators of US economic growth and climbing oil prices. Spot gold prices sank to their lowest