Data▲ Bullish for Indian equities
Deposit growth gets a leg-up for banks in Q2 due to FCNR(B) mobilisation
The brief
- Public and private banks reported strong deposit growth in Q2FY27
- FCNR(B) mobilisation under the RBI's concessional swap window aided growth
- Deposit mobilisation supports funding for Indian banks, though no companies are named
- Economic outlook faces upside inflation risks, says Finmin report
- IPO pipeline swells to nearly Rs 4 lakh crore: Liquidity squeeze for secondary markets or valuation reset? Analysts weigh in
- RBI may shift govt borrowing towards shorter tenures in H2
- FD interest rate rules to change from October 1: Key changes explained