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RBI did highlight pain points in a lot of different products within the retail category. Once these get worked about, you will see some consolidation taking place this year in terms of loan growth across the board.
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Rival technology giant Huawei has also cut smartphone prices in the run-up to the Lunar New Year holiday.
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News and Media
President Joe Biden has blocked the nearly USD 15 billion acquisition of US Steel by Japan's Nippon Steel, emphasizing the need for major US companies to represent national interests. The decision supports labor agreements and addresses potential national security risks while maintaining US Steel's domestic ownership and operations.
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News and Media
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