Will credit growth sustain at the same pace in 2023? Will liquidity tighten as deposit growth lags behind? Will we see a rate hike cooling?
There are several reasons on why we haven’t had a speedier free-run on bank deposit rates. Will that change in 2023 or the deposit war get subdued?
After ending 2022 as the worst-performing Asian currency with a fall of 11.30% to 82.73 a dollar, the rupee is expected to fight back and have an appreciating streak in the current year.
Banks show strong loan and deposit growth in Q3; HDFC Bank and Yes Bank are only lenders who had deposits outpacing credit growth in December quarter.
While no names have been disclosed, the buzz is that a consortium, two foreign banks and a private equity firm are among those who have made the preliminary bid for IDBI Bank.
Govt increases interest rates on eight small savings schemes in range of 20-110 basis points for January-March quarter; rate for PPF and Sukanya Samriddhi scheme unchanged.
Gitanjali Gems heads the list with defaults on loans worth Rs 7,848 crore, said minister of state for finance Bhagwat Karad.
Banks have written off bad loans worth Rs 10,09,511 crore during the last five financial years, finance minister Nirmala Sitharaman revealed.
The sprawling loan market is up for new action. Banks see refinance opportunity. Corporate borrowers return to bank loans as bond yields climb. How far will rise in credit put pressure on liquidity and deposits?
The outstanding CDs stand at Rs 2.41 lakh crore as of 21 October compared to just Rs 0.57 lakh crore a year ago.