Dinesh Kumar Khara, Chairman, SBI, says “our endeavour is to ensure that we maintain this level and we expect that when it comes to our deposit rates, we appear to have plateaued already. And henceforth we should be in a position to improve our yield on advances also and that is the reason why I … Read more
On a sequential basis, HDFC Bank, ICICI Bank, and Axis Bank reported a faster growth in deposits for the March quarter compared with the credit growth while IndusInd Bank and Yes Bank showed marginally lower growth in deposits than advances. Synopsis While these lenders were able to increase deposits at a faster clip during the … Read more
“The net interest margins have come down, but the pressure will not be there in this quarter. We will be able to protect the NIMS for the simple reason that there is a huge franchise with us and our CASA ratio is around 44%,” says Rajneesh Karnatak, MD & CEO, Bank of India. Let us … Read more
