India’s banking sector is poised for a strong earnings rebound. Profit growth is set to recover significantly over the next two years. Private lenders are expected to lead this growth. Deposit competition presents a near-term challenge. Asset quality risks appear manageable. The sector is transitioning to a differentiated growth narrative.
Fed’s Jefferson urges patience on rates; Kashkari sees more hikes ahead
Federal Reserve Vice Chair Philip Jefferson stated that he sees no immediate need for further interest rate adjustments. He emphasized that future decisions would depend