Viktor Shvets of Macquarie Capital suggests the US faces a period resembling stagflation, not outright recession, due to Donald Trump’s policies aimed at reshaping American society. He notes that India’s economic growth, while strong, needs recalibration and structural reforms to achieve its potential.
Lenders may turn to OFCB route to raise more funds abroad
Indian banks are now shifting focus towards borrowing in overseas foreign currencies to meet their fundraising requirements. This strategic pivot comes in light of an