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July 12, 2023- The U.S. House Committee on Financial Services held a hearing entitled, "Protecting Investor Interests: Examining Environmental and Social Policy in Financial...
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The central bank said that the amount of household debt remains "some way below" the historic peak reached in 2007.
For millions of families around the world, remittances are a vital lifeline. Global remittances sent from family members abroad to their relatives back home represent billions of dollars and these funds are often the only source of financial security for low-income households, providing a much-needed influx of cash to cover necessities such as food, housing and health care.
The Street expects the net interest margins to be under pressure as repo rate hikes by the RBI have been paused but deposit cost increase is catching up.