Barclays Bank has infused Rs 2,300 crore into its Indian operations, raising its total investments in the country to over Rs 12,400 crore. This capital will bolster the bank’s balance sheet and support business growth in investment and private banking sectors, emphasizing their commitment to India’s economic potential.
Banks unlikely to reduce deposit rates despite RBI easing
Following the latest repo rate decrease, bankers foresee only slight adjustments to deposit rates. The landscape, characterized by sluggish savings yields and elevated credit-deposit ratios,