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'Lending rate cut still some time away'

Union Finance Minister Nirmala Sitharaman’s call for making lending rates affordable may not resonate anytime soon as banks still struggle with margin compression, and await clues from the......

Banks Caught In A Trap

The cost of deposits is on the rise, but banks can't raise interest rate on close to 60% of their loan books, points out Tamal Bandyopadhyay. Illustration: Uttam Ghosh/Rediff.com The earnings......

Headwinds ahead for NBFCs

In August, the Reserve Bank of India Governor Shaktikanta Das held a meeting with chief executive officers/ managing directors (CEOs/ MDs) of large non-banking financial corporations (NBFCs).......

Net profit of listed commercial banks seen growing 44% in Q1 FY24

Benefiting from higher credit off-take and loan repricing, listed commercial banks are expected to post 43.9 per cent year-on-year (YoY) growth in their net profit in the quarter ended June 30......

Q4 results: Private sector banks post 9.7% decline in net profit

Private sector banks reported a robust profile with healthy growth in net interest income (NII), credit offtake and reduction in provision burden for the fourth quarter ended March 2023 (Q4 of......

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Mclr

News for Mclr

'Lending rate cut still some time away'

Banks Caught In A Trap

Headwinds ahead for NBFCs

Net profit of listed commercial banks seen growing 44% in Q1 FY24

Q4 results: Private sector banks post 9.7% decline in net profit

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