Banks’ margins to shrink however mortgage progress, decrease credit score price to assist PAT
Banks profitability in seen moderating in This fall FY24 to round 10 per cent y-o-y, on the again of muted NII (web curiosity earnings) progress and additional shrinking of margins. Margins are anticipated to shrink 3-12 bps on quarter resulting from improve in banks’ price of funds, decline in credit score to deposit ratio, and back-book … Read more