The company’s gross non-performing assets rose to 2.41% of gross advances as of June 30, against 2.24% a year ago. Similarly, net non-performing assets increased to 0.89% from 0.78% a year ago.
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