Following weak US jobs data, the likelihood of an RBI repo rate cut has grown, fueled by anticipation of a potential Fed rate cut in September. Despite some traders leaning towards a rate cut, the RBI’s Monetary Policy Committee is expected to maintain a pause with a neutral stance.
Axis Bank set to raise $700 million through ECB swap facility
Axis Bank is set to secure seven hundred million dollars through a dedicated external commercial borrowing facility. This loan features two tranches with tenures of