Lenders increased rates on outstanding mortgages by a total of 320 basis points between May 2022 and December 2023, which was 105 bps less than the increase in the cash rate over that period.
Fresh capex by India Inc to fuel next leg of growth: RBI bulletin
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Expectations of fresh round of private capex to fuel next leg of growth: RBI Bulletin
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The Indian economy continues to sustain the momentum achieved in the first half of 2023-24 and expectations of a fresh round of capex by the corporate sector is likely to fuel the next leg of growth, the Reserve Bank Bulletin said on Tuesday.