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Source: Economic Times

Economic Times
Source
Earnings & Results
Category
4 min
Read time
22 Aug
Published
Earnings & Results
4 min read· Economic Times

FCNR deposits emerge as banks’ new FY27 growth lever: Report

Indian banks anticipate stronger net interest income and earnings growth in FY27. This outlook is supported by robust foreign currency deposit mobilization and healthy credit demand. Systemic credit growth is projected around fifteen percent year-on-year, with FCNR deposits aiding expansion. Asset quality remains st…

Indian banks anticipate stronger net interest income and earnings growth in FY27. This outlook is supported by robust foreign currency deposit mobilization and healthy credit demand. Systemic credit growth is projected around fifteen percent year-on-year, with FCNR deposits aiding expansion. Asset quality remains st

Source: Economic Times