Here are two interesting stories to start your day.
1. RBI’s measures have successfully bridged the loan-deposit growth gap, which was as wide as 8% in 2022, to a balanced state in 2024. This unexpected convergence could pave the way for potential rate cuts in the near future.
2. Quick commerce has grown so fast that Swiggy’s Instamart now handles over 85,000 daily 10-minute deliveries. Zepto, Blinkit, and others are racing to expand, with Zepto planning to double its dark stores by March 2025 to keep up with demand.
Deep dive into all these stories in today’s episode of The Daily Brief. All links here: https://open.substack.com/pub/thedailybriefing/p/sharp-slowdown-in-bank-lending
1. RBI’s measures have successfully bridged the loan-deposit growth gap, which was as wide as 8% in 2022, to a balanced state in 2024. This unexpected convergence could pave the way for potential rate cuts in the near future.
2. Quick commerce has grown so fast that Swiggy’s Instamart now handles over 85,000 daily 10-minute deliveries. Zepto, Blinkit, and others are racing to expand, with Zepto planning to double its dark stores by March 2025 to keep up with demand.
Deep dive into all these stories in today’s episode of The Daily Brief. All links here: https://open.substack.com/pub/thedailybriefing/p/sharp-slowdown-in-bank-lending