“A quick read would indicate a tilt towards some potential further tightening of monetary policy,” said Gregory Daco, chief economist at EY. “But if you lift the cover and look at the underlying details in this report, actually they mostly point towards the higher likelihood of a pause.”
Axis Bank set to raise $700 million through ECB swap facility
Axis Bank is set to secure seven hundred million dollars through a dedicated external commercial borrowing facility. This loan features two tranches with tenures of
August 26, 2026