Wednesday, April 10, 2024

BANKING

Icra revised banking sector outlook to stable, expecting moderated credit growth. Net interest margins to compress due to rising deposit cost, potential rate cut leading to margin pressure from advances repricing. Healthy earnings and elevated CD ratio may pose challenges in deposit mobilisation. Credit costs steady at 0.8% of advances.

from Banking/Finance-Industry-Economic Times https://ift.tt/FhHSJ1L
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