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The Bank cuts rates for the second time this year, saying the slowdown in inflation was behind the move.
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News and Media
UK Inflation has fallen but remains above the Bank of England's 2% target.
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News and Media
Crisil Ratings has placed IndusInd Bank's long-term debt instruments under rating watch with negative implications, following key managerial resignations and a review of its microfinance business. Concerns over internal financial controls and the impact on profitability are being closely monitored. The agency awaits clarity on the MFI discrepancies and their potential impact on the bank's operations.
Category:
News and Media
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