The Nifty Bank index has surged nearly 10% in a month, reaching a 52-week high, prompting experts to suggest considering Nifty Bank index funds and ETFs for diversified exposure to both private and public sector banks.
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,