However, banks will continue to face structural challenges related to deposit growth in the medium to long term.
May 30, 2024The rating also factors in healthy counterparty diversification and a reduction in receivables, leading to better cash flow from operations.
May 30, 2024Additionally, the agency expects the aggregate fiscal deficit of all states for FY25 to decrease to 3.1 per cent of GDP, compared to the revised figure of 3.2 per cent in FY24.
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