Service sector prices (excluding rents) increased at an annualised rate of more than 4% in the three months to October, more than twice as fast as the central bank’s inflation target for the whole economy. Given the persistence of inflationary pressure in the service sector, interest rate ...
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and performance of the Bank, Lieutenant Governor said, "We are happy to see J&K Bank going in right direction and with the emotional bond between the Bank and people of Jammu and Kashmir getting further strengthened during the last few years, we expect better results from the Bank in ...
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Even more unwelcome news for many banks will be the poll finding that more than 30% of customers do not even know whether their bank provides online services at all. The findings contrast starkly with the market expectations among banking executives. In an earlier Deloitte survey, financial serv...
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But when severe inflation occurs, the central bank will try to stop it so that can control the excessive growth of prices. Source: (Trading Economics, 2012) Historically, the United States inflation rate is recorded at around 3.4% average. The graph shows that in recent 5 years, the ...