FCNR inflows may delay rate hikes, but banks face margin pressure: Report
The Economic Times has reported a new India-focused economy development: “FCNR inflows may delay rate hikes, but banks face margin pressure: Report.” The publisher's feed describes the story as follows: Foreign currency inflows have eased financial conditions for the Reserve Bank of India. This temporary relief allows the central bank to delay interest rate hikes. However, rising inflation and global interest rates present renewed risks. Increased liquidity has boosted credit growth, but it is
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