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Adhil Shetty, co-founder and CEO of BankBazaar, said relatively firm interest rates could keep funding costs sticky for lenders, though the impact would vary across institutions.
RBI has introduced measures to curb rupee volatility, which could ease immediate depreciation pressures in the currency market. These measures include limiting foreign exchange derivative contracts and increasing hedging costs for importers. Experts predict that these actions may lead to a reduction in USD/INR rates…
Direct dollar sales to oil companies and curbs on speculative positions could ease immediate pressure on the currency. But with the India–US yield differential near a multi-decade low, the RBI may struggle to sustain a recovery without making Indian assets more attractive to foreign capital