Bank lending outpaces deposit growth in early Q4, pressuring resources and raising deposit rates. Lending is up 11.5% year-on-year as of January 2025, with a slowdown attributed to RBI measures and market concerns. Banks focus on reducing their credit-to-deposit ratio to manage fund costs and profit margins.
South Korea’s Kospi tanks 8% despite US-Iran war optimism. Here are 4 reasons why
The benchmark Kospi plunged 551 points, or 8.1%, to 6,2505. The steep decline triggered “sidecar” trading curbs on both the Kospi and the junior Kosdaq