Slowing credit growth, margin pressure await banks in 2025

With the likelihood of a repo rate cut in February or April, external benchmark-linked loans of banks will be repriced immediately. Photograph: Ajay Verma/Reuters In 2025 banks are in for......

Banks post sixth year of profit growth in FY24, bad loans decline further

Commercial banks in India reported a sixth consecutive year of rise in their net profits in 2023-24 while bad loans continued to fall, according to the Reserve Bank of India’s (RBI’s)......

Broad-based corporate capex recovery unlikely in FY26: India Ratings

India Ratings on Thursday said that any broad-based or strong recovery in corporate capital expenditure was unlikely in the upcoming financial year 2026 (FY26) due to uncertainty of domestic and......

Indians remitted nearly $2 bn in Nov under Reserve Bank's LRS scheme

Indians remitted close to $2 billion in November under the Reserve Bank of India’s (RBI’s) liberalised remittance scheme (LRS), latest data released by the central bank showed.......