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The official data shows wage growth has slowed while the number of vacancies continues to fall.
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News and Media
Nitin Aggarwal of MOFSL anticipates a recovery in credit growth, projecting 11.5% for the year, driven by retail and corporate demand in the second half. He expects mid-sized private banks like RBL and Bandhan to normalize earnings, with PSU banks showing resilience in fresh loan yields. While slippages may marginally increase, overall credit costs are expected to remain controlled.
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News and Media
Ed Yardeni of Yardeni Research suggests President Trump's criticism of Fed Chair Powell risks undermining the Fed's credibility and impacting financial markets. While Trump may aim to weaken the dollar, Yardeni believes the Fed's independence is crucial.
Category:
News and Media
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