Reserve Bank of India’s June Financial Stability Report released last week highlights that the profitability of scheduled commercial banks (SCBs) continued to improve in FY23.
-3 1/2% quantum of the easing bill, the 3 1/2% was quantum of the easing bill, the 31/2% was more than what both analysts were expecting, but wholesale inflation will continue to fall further and remain in doubt for at least a few more months, and they will be watching up any upward movement in crude oil prices with el nino like conditions that could impact agriculture because that poses an outside risk to inflation and these numbers will get some relief to the indian central bank which kept its key lending rates steady recently but signalled that rates will not come down for some time as it looks for further inflation release, particularly on the west side. meanwhile, canada is moving to freeze its ties with the china lead asia infrastructure investment bank following allegations that it was dominated by the chinese communist party. authorities are investigating the claims brought by the bank s form a
so things such mineral oils, crude petroleum and natural gas as well as food, they ve all gotten cheaper. the quantum of the easing bill, a 3.5%, was more than what both analysts were expecting, but wholesale inflation will continue to fall further and remain in the negative territory for at least a few more months, but they will be watching out for is any upward movement in crude oil prices or severe el nino like conditions that could impact agriculture because that poses an outside risk to inflation. these numbers will get some relief to the indian central bank which kept its key lending rates steady recently but signalled that rates will not come down for some more time as it looks for further inflation relief particularly on the consumer side. nikhil inamdar in mumbai. meanwhile, canada is moving to freeze its ties with the china led asia infrastructure investment bank following allegations that it was dominated by the chinese communist party. authorities are investigating the cla