Indian IT exporters are demonstrating strong deal wins, adapting to AI-driven client demands amidst a challenging business environment. Despite uncertainties, companies are strategically integrating AI, bolstering their pipelines and showing resilience. Improved hiring and a weaker rupee are expected to support performance in the latter half of the fiscal year.
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,