business / news / / Moneycontrol
Indian banks are expected to post a stable March quarter, with strong asset quality and loan growth.
Indian banks' low-cost CASA deposits have fallen to a two-year low as of December quarter.
KEY POINTS
- Deposit growth has plateaued and remains heavily urban-skewed due to a shift in household savings.
- Banks are increasingly relying on bulk and term deposits, raising funding costs and pressuring margins.
- Transmission of RBI's 125 bps rate cut is incomplete, with only 90 bps reflected in lending rates.
- Several major banks, including HDFC and ICICI, are expected to report flat or declining NIMs for Q4.
COMPANIES
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