For all the talk of India's massive credit market potential, the one fact that banks have realised is that the addressable market might be much smaller. (Source: Envato) Show Quick Read Summary is AI Generated. Newsroom Reviewed

India saw its retail inflation drop to an all-time low of 0.25% in October. This was supported by sharp deflation in vegetable prices, weak prices of cereals and pulses, and a large base effect coming into play. Economists believe that a large uptick in gold prices aside, India was already seeing trends of price rise turning negative. Wholesale-price indexed inflation too was in the negative zone at -1.2%, compared with 0.1% in September. The next logical question is if the central bank will take the lead and cut rates next month. Economists say the call is n

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