Banking News
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Source: Economic Times
Economic Times
Source
Earnings & Results
Category
4 min
Read time
07 Sept
Published
Earnings & Results
4 min read· Economic TimesPrivate banks’ profit margins recover as FCNR(B) inflows ease deposit funding pressure
India’s private banks saw fresh lending spreads widen sharply in July as FCNR(B) inflows improved liquidity and reduced reliance on expensive wholesale funding. Fresh spreads rose 22 basis points to 3.13%, nearly double those at public sector banks. However, analysts cautioned that margin gains could prove gradual and…
India’s private banks saw fresh lending spreads widen sharply in July as FCNR(B) inflows improved liquidity and reduced reliance on expensive wholesale funding. Fresh spreads rose 22 basis points to 3.13%, nearly double those at public sector banks. However, analysts cautioned that margin gains could prove gradual and
Source: Economic Times