Narrowing of the wedge between credit and deposit growth, and the possible easing of the monetary policy, could weigh on the net interest margin of banks in 2025.
HDFC's retail loans grew around 9.3 per cent slower than its overall book's 14.4% in the June quarter, much lower than SBI (16.5%) & ICICI (20%) growth in that portfolio.
Meeting is expected to take stock of banking sector, bad loans (NPAs), progress on restructuring RBI's 2.0 scheme. Banks may be nudged to push loan growth in productive sectors.
Most recent data shows India’s top 3 private banks lent nearly 3 times the average industry rate in the quarter of March, while maintaining better asset quality than their state peers.
Of total loans disbursed to over 20 lakh street vendors until 29 March, PSBs gave loans to over 18 lakh applicants while private banks distributed loans to just 32,534.
This step is expected to further enhance customer convenience, spur competition and higher efficiency in the standards of customer services, an official statement said.
It’s virtually written in the stars that private banks will continue to grab a bigger share than public banks. Two or three large, better-run govt banks should suffice.
The suspension should serve as a wake-up call — not just for Rathi, but for every young gun in the league. Celebrate your success, but know where the boundary is.
Diving into workings of Gurugram fulfilment centre, Abhinav Singh, V-P (Ops) at Amazon India, offers insights into how company manages logistics, in conversation with ThePrint Editor-in-Chief Shekhar Gupta.
Trump is not the first American president to propose such a defence system. Ronald Reagan proposed a space-centric Strategic Defense Initiative in 1983, but it never took off.
Pakistani establishments and their proxies are prone to severe, predictable 7-year-itch. Each step up the escalation ladder buys India about this many years of deterrence on average.
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