Sustained credit demand seen last quarter and lower credit costs would be the key drivers of growth for banks. The systemic credit growth stood at 15% y-o-y as of 24 March, showed the latest fortnightly data by the Reserve Bank of India (RBI).
BOE's Inflation Outlook Seen Posing Risk to Pound 1041 GMT - Sterling could depreciate as the Bank of England's expectations for inflation to ease significantly over the course of the year might be too optimistic, Commerzbank says. The BOE's inflat. | 07:10am
Carnival's Soft FY23 Guidance Could be Conservative 0759 ET - Carnival's soft full-year earnings guidance that spooked investors is likely a lowball forecast, analysts at Stifel say in a research note. They say the management team has a track recor. | 09:08am
BOE s Inflation Outlook Seen Posing Risk to Pound morningstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from morningstar.com Daily Mail and Mail on Sunday newspapers.
The FTSE 100 closed Tuesday up 0.17% as the short-lived rally seen the previous day appeared to stall, and recession fears begin to re-emerge. While the banking crisis seems to have subsided, stocks have been unable to find a reason to push higher this. | 12:32pm