BNW quick analysis| Why did inflation rise in June?
The heatwave impact has been seen on vegetables. Wheat production lower according to the market for FY24 which has seen prices move up. These products will continue to witness high inflation.
RBI cautions banks on management of internal accounts
Swaminathan urged CFOs to invest in technology and data analytics which would empower them to provide more accurate and real-time financial insights.
News brief| Finmin asks private sector banks to step up efforts on financial inclusion
In a meeting with bank chiefs, the DFS secretary reviewed private sector banks’ performance and participation in furthering the cause of financial inclusion.
For Malaysia’s Islamic Banks Funding Fix May Be A Five-Year Wait, Report Says
Profitability of Islamic banks could stay lower than the sector in 2024 as well. Elevated deposit rates are exacerbated by intense competition for pricing household loans and financing in Malaysia’s saturated banking sector.
Bandhan Bank Appoints Ratan Kumar Kesh as Interim CEO
Present chief Chandra Shekhar Ghosh is set to retire on July 9 upon completion of his current tenure.
