Bank of Baroda posted an 11.2% rise in Q4 consolidated profit, driven by higher net interest income, strong loan growth and improved asset quality. Deposits and advances registered double-digit growth, while non-interest income declined and capital adequacy ratio weakened during the quarter.
Fed’s Jefferson urges patience on rates; Kashkari sees more hikes ahead
Federal Reserve Vice Chair Philip Jefferson stated that he sees no immediate need for further interest rate adjustments. He emphasized that future decisions would depend