Rs 17.05 lakh crore investment in power and renewable energy sector; 80 GW thermal power generation capacity under construction; 99 GW renewable energy under construction; Rs 16.93 lakh crore invested in power and renewable energy sectors so far; Rs 7.4 lakh crore investment in power sector; India’s power generation capacity to increase to over 800GW; new rules allow consumers to establish transmission lines without license
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,