Banks and NBFCs like HDFC Bank, Yes Bank, and Bajaj Finance have started cutting deposit rates, signaling a downward trend in interest rates. The Reserve Bank of India is expected to announce another repo rate cut soon, which will further enhance liquidity and likely lower lending rates.
Swaminathan Aiyar sees 90-day lull as calm before the next trade storm
Amidst trade tensions, China’s restrictions on rare earth mineral exports are sending ripples through the global auto industry, potentially affecting India. While a 90-day pause