"Initially, the rate cuts will be credit negative for most US banks. We expect their deposit costs to reprice downward more slowly than their loan yields, constraining net interest income, which is most banks' largest revenue source." Said the report
Through this initiative, over 6 lakh Importer Exporter Code (IEC) holders, 185 Indian Mission officials, and more than 600 Export Promotion Council members are now connected with the Directorate General of Foreign Trade (DGFT), the Department of Commerce (DoC), and banks.
Speaking to ANI on Saturday, CM Yadav said, "By combining all the departments of the state government, we have made an effort to maintain the form and blessings of Maa Narmada. We will try to ban meat and liquor shops in religious towns. I hope that the decisions that have been made will
"I always appeal the people to keep the balance of the blood units in the banks full always. During elections, this becomes a problem. I am aware about the four blood groups but if we include the RS blood group, it is eight. In situations like road accidents and diseases, the blood banks sho
The Indian stock markets are on the brink of entering a new phase, marked by potential rate cuts from the U.S. Federal Reserve, highlighted a report by Nuvama.
A survey conducted by industry body FICCI and Indian Banks' Association (IBA) suggested that the outlook for non-food industry credit growth over the next six months is optimistic with 62 per cent of the participating banks expecting non-food industry credit growth to be above 12 per cent.
The deposit growth in the country will decelerate to 11.2 per cent YoY in fiscal year 2025, as banks face slower mobilisation of new deposits, highlights a report by B&K Securities.
Sadhu Gopaldas, a resident of Mungawali in the Guna district of Madhya Pradesh, was assaulted and stripped by two drunk men in an incident that took place on the banks of the Chambal river in the Nagda region on Thursday.
Amid a declining property market in China, regional banks are offloading non-performing real estate loans despite government pressure to support the housing sector. As of June 2024, non-performing industrial loans at local banks surged, prompting significant asset sales to manage bad debts.
India's auto retail sales experienced a significant decline in August 2024, primarily due to excessive rainfall during this monsoon season, according to a report by the Federation of Automobile Dealers Associations (FADA).
Amid questions on the depleting loan-to-deposit ratio in Indian banks, a recent report by Motilal Oswal, a financial service company suggests that the loan-to-deposit (LD) ratio is likely to subside on its own in the coming months.