Indian government bond yields fall to their lowest levels in nearly three years, driven by expectations of the Reserve Bank of India’s potential liquidity infusion and interest rate cuts. Economic growth slowdown and consistent foreign inflows also contribute to the decline in yields.
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,