As Indian banks grapple with dwindling low-cost CASA deposits, a growing number of savers are shifting their money into market-driven investments seeking higher returns. This shift compels banks to depend increasingly on pricier short-term borrowing methods, such as Certificates of Deposit, to sustain their lending activities.
Oil slips after OPEC+ agrees to raise output targets
Oil prices dipped as OPEC+ agreed to boost output from August, with key producers seeing recovering exports via the Strait of Hormuz. Despite the planned
July 6, 2026