What A Trifecta Of Higher Currency, Rising Deposits And Weak Credit Signals
A vendor holds Indian rupee notes at his vegetable stall at the cotton and vegetable wholesale market in Nagpur, India. (Photographer: Dhiraj Singh/Bloomberg)

What A Trifecta Of Higher Currency, Rising Deposits And Weak Credit Signals

An impending recession, brought on by a pandemic, has led to an unusual combination of indicators being seen across the Indian economy.Currency in circulation is rising but so are bank deposits eve...
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