Helios Mutual Fund’s CEO, Dinshaw Irani, projects a steady market landscape ahead. He cites underlying economic weaknesses and global tensions as key factors influencing this prediction. However, there is a silver lining with liquidity flows providing stability. Anticipated interventions from the RBI could yield favorable outcomes in the near future.
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,