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The collapse of small banks in the United States (US) and a near-shutdown of a large global bank in Europe roiled global financial markets in March. But only a few market segments in India were affected, and hence the overall domestic finan...
The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) kept its policy rates unchanged in April, compared with a 25 basis points (bps) hike in the previous policy. However, it maintained its stance of withdrawal of accommoda...
On March 10, the Silicon Valley Bank (SVB), the 16th largest bank in the United States, failed, leading to widespread concern over the regional banking industry. The proximate cause of the failure was $42 billion in deposit outflows in a si...
There are three reasons why CRISIL expects India’s gross domestic product (GDP) growth to decelerate 100 basis points to 6% in fiscal 2024 from 7% in this fiscal.
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