The RBI will leverage on the fiscal restraint shown by the central government and is likely to deliver rate cuts in the second half of FY25
RBI’s monetary policy will leverage on the fiscal restraint shown by the central Government and likely deliver rate cuts in second half of CY24
Contagion risk from SVB collapse seems less likely, but if Indian banking stocks correct, investors should accumulate the same
Top Indian banks have 25 percent of their assets in investments and 75 percent in loans. Banks also have large share of household deposits that tend to be sticky, said Jefferies India.
In the current rising interest rate cycle so far, India’s banks have managed their trading books better than in previous rising interest rate cycles.
Private sector lender Yes Bank‘s third quarter net profit jumped 21.4 percent, higher-than-expected to Rs 415.6 crore supported by non interest income, but asset quality weakened.
For the first half of the financial year, infrastructure sector saw strain and slowdown, so the company was careful with fresh disbursements, saysHemant Kanoria, CMD, SREI Infrastructure Finance.
With the elections coming closer, there is not much room left for any major policy changes. The market is holding steady because of inflows and slight improvement in macros, but no hope on policy front.