RBI has injected over Rs 5 lakh crore into the banking system since mid-Jan to ensure surplus liquidity and support its rate cut’s transmission to borrowers. Despite this, corporate borrowing costs remain unchanged due to firm MCLR rates and year-end demand for funds.
Finance Minister Nirmala Sitharaman’s 8th budget focuses on boosting consumption through significant tax giveaways while targeting a lower fiscal deficit. Key proposals include reducing regulations, […]
