Bank fixed deposit growth slowed to a two-year low in the December quarter. Private banks led deposit collection. This slowdown may increase funding costs for lenders. However, current and savings account deposits saw improved growth. Experts predict a shift back to fixed deposits due to geopolitical events.
Sebi warns listed firms, regulated entities against rising ‘Boss Scam’ cyber fraud
Sebi has issued a warning to all regulated entities regarding a rising cyber fraud known as the ‘Boss Scam’. In this scheme, fraudsters masquerade as