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HomeNewsBusinessMarketsBanks staring at a valuation reset as slippages rise, margins shrink: Aequitas’ Siddhartha Bhaiya

Banks staring at a valuation reset as slippages rise, margins shrink: Aequitas’ Siddhartha Bhaiya

Slippages across banks have risen 26% on-year to Rs 63,000 crore, with private banks recording a sharper 41% rise, said Siddhartha Bhaiya of Aequitas Investment, adding that a rise in lower-quality retail loans coupled with lack of low-cost CASA deposits has resulted in some stress in the microfinance space.

September 23, 2025 / 14:08 IST
FILE PHOTO: A roadside currency exchange vendor counts notes in New Delhi, India, February 10, 2025. REUTERS/Priyanshu Singh/File Photo
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