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    <title>RBI releases its Monthly Bulletin for June 2013</title>
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    <description>The Bulletin assesses the Union Budget 2013-14 as pursuing fiscal consolidation through a revenue-led correction and reprioritisation towards capital expenditure while relying on market borrowings; it records a record widening of the current account deficit in Q3 2012-13 driven by trade deficits, though improved capital inflows fully financed the deficit; it reports persistent household inflation expectations, weakened corporate profitability with higher leverage in 2011-12, and deposit composition dominated by term deposits and public sector banks as of March 2012.</description>
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