Yearender 2023: From launching the UDGAM portal for unclaimed deposits to instructing banks on timely return of property documents to borrowers, the central bank initiatives made life easy for bank customers. RBI’s stance on interest rates will be keenly watched in 2024, with some market watchers expecting reduction in rates from the second half of next year.
Yearender 2023: The Mumbai region witnessed 40 percent annual increase in sales, while Pune recorded a 52 percent spike over 2022. Bengaluru grew 29 percent, while Hyderabad grew 30 percent. At 3 percent, NCR saw the least growth.